- March 27, 2024
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Bankers, by a wide margin, plan to vote for Donald Trump for president, according to a new survey from Bank Director.
The survey, conducted in September — prior to the debates and sexual assault allegations against Trump — leaves some room for doubt. While 58% say they will vote for Trump, nearly one-fourth, 21% of respondents, were undecided, while 10% say they plan to vote for Hillary Clinton.
More good news for Trump: More than half, 55%, believe a Trump presidency would be best for the U.S. economy and 66% believe Trump is more likely to reduce the industry's regulatory burden.
Sponsored by accounting and consulting firm Crowe Horwath, the survey polled more than 200 bank executives and directors nationwide. In a release from Bank Director, a website and print magazine for senior executives and directors of financial institutions, some bankers took a pragmatic approach to supporting Trump.
For example, Richard Hunt of the Consumer Bankers Association, which doesn't endorse presidential candidates, says bankers see an experienced CEO in Trump, not a career politician like Clinton. Says Hunt: “[Clinton would be] a continuation of Obama's policies, and a lot of bankers are frustrated.”