Top GOP Donors Not Giving Money To Trump Challengers
The American Lookout Headlines homepage has 60 new headlines every 24 hours - click here to see it.
Republican donors know that Donald Trump is by far the front-runner in the GOP primary.
Top GOP donors are now holding back from giving money to their rivals because they know they can’t win.
Many of these donors previously tried to stop Donald Trump from winning in 2016.
President Donald Trump pulled in a massive $45.5 million in donations in the third quarter of 2023, holds $36 million in cash for the primary election to secure the GOP nomination, and the rest of the Republican field is losing the support of the party’s megadonors. Those donors can see that Trump is far and away going to be the GOP nominee for president in 2024.
Many of these donors are the same ones who attempted to use their spending power to stop Trump from winning the 2016 election against Hillary Clinton. These donors are seeing that Trump has all but secured the 2024 GOP nomination for president, and are holding back on giving money to his rivals. “The competitive GOP primary eight years ago saw an earlier and higher level of donor engagement, particularly from financial industry leaders,” the Wall Street Journal reports.
“It’s becoming clear the cavalry’s not coming,” longtime GOP strategist Ken Spain said, per WSJ. “The donor community has come to recognize the strength of Trump and the difficulty in dislodging a major part of the base from him. You’re tilting at windmills if you try.”
Representatives for DeSantis, Haley, and Scott pitched GOP donors at the end of last week on giving more money to their campaigns, saying that they had clear paths to winning the Republican nomination. Those who were in the room, the WSJ reports, did not believe that it “prove[d] immediately convincing.”
RINOs are losing!
