Employees at Goldman Sachs (GS) appear to have switched their political allegiance from Jeb Bush to Marco Rubio.
Bloomberg reports that contributions to the Rubio campaign from workers at the investment firm totaled $107,000 in the last quarter of 2015, up 50% from the previous two quarters.
Those donations to Rubio came as just two Goldman employees contributed a total of $2,950 to Bush, whose campaign is struggling. Since the early months of the 2016 race, employees have given a combined $773,000 to the Bush campaign, his leadership PAC, and his super-PAC.
The Des Moines Register poll ahead of Monday’s Iowa caucus pegged Rubio at 15% while Bush stood near the bottom with an estimated 2%.
Ted Cruz, who’s polling at 23% in Iowa and whose wife used to work at Goldman, has collected $52,000 from the donors at the firm.
The campaign for Democratic presidential frontrunner Hillary Clinton has taken in a total of $103,000 from Goldman contributors. The super PAC supporting her has received $100,000.
Donations from Goldman Sachs employees are noteworthy because the investment firm has ranked among the top 15 donors to candidates for federal office and their committees since 2001, Bloomberg reports.