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Bank owned by US union gives lift to the left

Because it knows its donor world, Amalgamated is willing to advance cash on new contributions almost instantly

Published Sun, Aug 30, 2015 · 09:50 PM
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New York

WHEN Ready for Hillary, a pro-Hillary Rodham Clinton super PAC (political action committee), wanted to take out a million-dollar loan five months before it planned to go out of business, it turned to a bank that was founded to guard the savings of New York City garment workers.

When the Democracy Alliance, an influential club of liberal donors, sought to recruit members in advance of the 2016 elections, the bank's president helped to make introductions.

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