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Capitol Report: Why Goldman Sachs staff can donate to Hillary Clinton but not Donald Trump

Goldman Sachs Group Inc. has banned all partners from making donations to certain political campaigns, including the Donald Trump-Mike Pence presidential ticket, according to media reports.

The investment bank GS, -0.12% last week sent out an email to its top employees, stating that all partners would be restricted from making campaign contributions to candidates running for state and local offices as well as for sitting officials running for federal office, according to Politico.

“The policy change is meant to prevent inadvertently violating pay-to-play rules, particularly the look-back provision, when partners transition into roles covered by these rules,” the email said, Politico reported.

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