Senator Scott Brown’s largest financial supporters are a who’s who of finance and business, while his political challenger, Elizabeth Warren, has drawn support primarily from universities, law firms, and left-leaning political groups, according to an analysis of federal filings.
The contrast is sharp in the most expensive Senate race in the country, reflecting donors’ view of Brown as an advocate for investment firms, analysts say, and Warren as a former cop on the Wall Street beat.
On the eve of the release of the next round of fund-raising numbers, the analysis of filings to the Federal Elections Commission shows that, so far, employees of the Boston mutual fund giant Fidelity Investments are, together, Brown’s biggest source of support. They have given $264,675, according to the FEC data, which was compiled by the Center for Responsive Politics. After Fidelity are the employees of EMC Corp., the Hopkinton computer-storage company; Springfield’s Massachusetts Mutual Life Insurance Co.; and Goldman Sachs & Co.
“While in his pronouncements he stresses his independence, the pattern of his support is clearly one in keeping with Republican officeholders,’’ said Paul Watanabe, a professor of political science at the University of Massachusetts Boston. Donors are hoping for “a reliable Republican vote on most matters that will be important to them,’’ he said.
But Brown’s support from the financial industry — about $5.5 million, or 28 percent of the $19.5 million he has raised in total — also appears to reflect how much the sector does not want Warren in the Senate.
You have reached the limit of 5 free articles in a month
Stay informed with unlimited access to Boston’s trusted news source.
- High-quality journalism from the region’s largest newsroom
- Convenient access across all of your devices
- Today’s Headlines daily newsletter
- Subscriber-only access to exclusive offers, events, contests, eBooks, and more
- Less than 25¢ a week