All That Glitters

A Gold-Standard Backer Finds a Friend in Ted Cruz

Hedge-fund manager Sean Fieler has struggled to get traction with his political ideas for years.

Senator Ted Cruz wears a Princeton University ring as he speaks to the media during the Iowa State Fair in Des Moines on Aug. 21, 2015.

Photographer: Daniel Acker/Bloomberg
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When Ted Cruz talked about tying the U.S. dollar to gold on national television last week, he made Sean Fieler's night.

Fieler is a New York hedge-fund manager with a portfolio of political causes that puts him out of step with many of his Wall Street peers. He's spent millions to stop abortion and same-sex marriage and to restore a gold-based currency system that the country abandoned in 1971.