The biggest GOP donors have begun to lose interest in Donald Trump, and now they are casting about for somewhere else to park their big bucks. As the 2024 presidential election looms ever closer, the money becomes much more important. The House January 6 Select Committee’s last hearing opened up what may be a fatal move on Trump’s part. Other presidential candidates are rubbing their hands in anticipation.
Attorney and longtime Republican fundraiser Eric Levine spoke after Tuesday’s House January 6 Select Committee hearing. He mentioned Chief of Staff Mark Meadow’s “right-hand” person, Cassidy Hutchinson, according to CNBC News:
“Donors are very concerned that Trump is the one Republican who can lose in 2024. I think donors were already moving away from Trump.’
Levine is co-hosting a fundraiser for Dr. Mehmet Oz (R), who has been endorsed by Trump. He is running for the Senator from Pennsylvania, although, he has not lived there long. The show he hosted was out of New York.
But this has been nothing new for the former president. Top donors were going after former Florida Governor Jeb Bush and others when they all ran in 2016.
For Trump, it has been just how he lived his life. A number of business leaders did the same. But then, they had to reconsider and give Trump their money:
‘The silence is deafening.’
The top donors may be looking over others who could replace Trump. And there are some favorites:
‘[I]ncluding Florida Governor Ron DeSantis, former Vice President Mike Pence (R), Senator Tim Scott (R-SC), and Senator Tom Cotton (R-AR).’
Scott has worked on his 2022 campaign, but even so, he went to an Iowa fundraiser, The Des Moines Registrar reported. Senator Tom Cotton (R-AR) met with his donors about a presidential attempt, too, The POLITICO reported.
We do not know whether Trump will run again or not. His low-dollar donors have swollen his campaign chest in his political action committee Save America to $100+ million
Another Trump super PAC Make America Great Again is hauling in money from small groups with deep pockets. They include:
- ‘[R]eal estate businessman Geoffrey Palmer donated $150,000.
- David Frecka, who start Next Generation Films, donated $250,000.
- The [Trump] super PAC raised over $770,000 in May.’
Spokesperson for Trump, Taylor Budowich, said:
‘President Trump’s endorsement record stands at 146-10, his Save America political committee continues to raise unprecedented amounts of money and the American people remain hungry for his leadership. And as another witch hunt is blowing up in the faces of Democrats, President Trump is in a stronger position now than at anytime before.’
DeSantis raised just over $10 million in May for his gubernatorial race in 2022. That is $120 million total so far:
‘Mike Pence spoke to the New York State Conservative Party last week, with tickets going for up to $5,000 per person, according to an invitation reviewed by CNBC.’
‘The former vice president is set to meet with dozens of donors at a private retreat in Montana in September, according to a person briefed on the matter.’
One of North Carolina’s biggest donors is out of commission — in prison on bribery charges, The News Observer reported.
Featured image is a screenshot via YouTube.
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