At Goldman Sachs, Ted Cruz’s Wife Heidi Worked in ‘Wealth Management,’ Not ‘Helping Lift People out of Poverty’


Republican presidential candidate Senator Ted Cruz, R-Texas, sits with his wife Heidi Nelson Cruz at the Religious Liberty Rally he was hosting on August 21, 2015, in Des Moines, Iowa. (photo: Scott Olson/Getty)
Republican presidential candidate Senator Ted Cruz, R-Texas, sits with his wife Heidi Nelson Cruz at the Religious Liberty Rally he was hosting on August 21, 2015, in Des Moines, Iowa. (photo: Scott Olson/Getty)

 

David Sirota | International Business Times | Reader Supported News | February 18, 2016

questioner at CNN’s town hall Wednesday night asked Sen. Ted Cruz what issues his wife would take on as First Lady.

“She’s got a real heart for economic development,” he said. “Heidi has a real heart here in America for helping lift people out of poverty.”

As a Goldman Sachs executive, though, Heidi Cruz’s work did not revolve around economic development for those on the bottom rung of the ladder: Her Wall Street job was focused on increasing the wealth of the already wealthy.

According to USA Today, Heidi Cruz served as a managing director at Goldman, and ran “the Houston wealth management unit, which handles portfolios for clients with an average net worth of $40 million.” In a CNN interview in January, Heidi Cruz described that work in detail, saying she ran “the private wealth business in the southwest from Houston.”

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