Ted Cruz rails against ‘crony capitalism’ — and praises wife’s Goldman Sachs career
By Nick Gass
3/25/15 9:00 AM EDT
Ted Cruz is sounding off against Wall Street and financial institutions, including Goldman Sachs, where his wife, Heidi, works as a managing director in Houston.
Asked whether Goldman Sachs is a positive or negative force in society, the Texas senator and recently declared Republican presidential candidate told Bloomberg Politics on Tuesday that there’s a little bit of both.
“Goldman is one of the biggest banks on Wall Street, and my criticism with Washington is they engage in crony capitalism,” he said. “They give favors to Wall Street and Big Business, and that’s why I’ve been an outspoken opponent of crony capitalism, taking on leaders in both parties.”
“I am unabashedly proud of everything about Heidi,” Cruz said in response to a point that he did not mention his wife’s connection to Goldman Sachs during his announcement speech, noting that