By Emel Akan for The Epoch Times
Wall Street has thrived under President Donald Trump even as many of its donors favored his Democratic challenger Joe Biden in the 2020 election. One reason for the preference for Biden might be discomfort with Trump’s China policies.
While the outcome of the U.S. presidential race is still unclear pending some legal challenges and recounts, a Biden win could be a boon for Wall Street. The investment banking industry has been lobbying the Trump administration to dial down tensions with Beijing.