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☆ A GOP donor who backed Nikki Haley's presidential campaign wants Trump to 'show some maturity' and reach out to his onetime rival: 'Hard for him to do'
▼ + stars: | 2024-03-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

Former President Trump has not connected with Nikki Haley since she left the presidential race. Haley has said Trump would have to "earn the votes" of those who didn't support him. Andy Sabin, a GOP donor who backed Haley, said it might be "hard" for Trump to reach out to the ex-ambassador. AdvertisementFormer President Donald Trump has not reached out to former UN ambassador Nikki Haley since she exited the GOP primary one day after his commanding Super Tuesday performance, according to Politico. This story is available exclusively to Business Insider subscribers.

Persons: Trump, Nikki Haley, Haley, Andy Sabin, —, Donald Trump Organizations: Trump, Service, GOP, Politico, Business Locations: Milwaukee

☆ Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss
▼ + stars: | 2024-01-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Former U.N. ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with, or outright defeat, Donald Trump in next week's New Hampshire primary, after finishing third Monday in the Iowa caucus. Levine is also the co-host of a Haley fundraising event scheduled for after the New Hampshire primary. He told CNBC he isn't worried about poor attendance, as long as she has a strong showing in the Granite State. In order to keep many of her more affluent donors engaged, Haley must get within three percentage points of Trump in New Hampshire, said a Republican fundraising advisor whose clients include Haley donors. Some Haley donors have already lost hope.

Persons: Nikki Haley, Donald Trump, Andy Sabin, Haley, Sabin, Haley doesn't, Eric Levine, Levine, Trump, he's, Joe Biden, CNBC's Alex Sherman Organizations: U.S, United, U.N, CNBC, Trump, New, Republican, caucusgoers, GOP, New Hampshire, AdImpact Locations: West Des Moines , Iowa, U.S, week's, Hampshire, Iowa, New York, New Hampshire, Granite State, South Carolina, Davos, Switzerland

☆ Citadel chief Griffin weighs backing Haley in Republican primary
▼ + stars: | 2023-11-14 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Billionaire Citadel CEO Ken Griffin is "actively contemplating" financially supporting former U.S. ambassador to the United Nations Nikki Haley in the Republican primary for president. Yes or no," Griffin said in an interview Tuesday with Bloomberg TV, when asked whether he planned to financially support Haley. Griffin is the latest of several wealthy, Republican donors who have said in recent days that they plan to support Haley over Trump and the rest of the primary field. But on Monday he told CNBC that following Scott's announcement, he planned to support Haley exclusively from now on. Until Sunday, Sabin had been fundraising for Scott's primary effort.

Persons: Ken Griffin, Nikki Haley, we're, Griffin, Haley, Forbes, Donald Trump, Trump, Ron DeSantis, Sen, Tim Scott, Scott, Stanley Druckenmiller, Druckenmiller, Andy Sabin, Sabin, Eric Levine Organizations: Citadel, CNBC's, Alpha, Billionaire Citadel, U.S, United, Republican, Bloomberg, Florida Gov, Trump, CNBC Locations: New York, New York City

Senator Tim Scott (R-SC) speaks at the third Republican candidates' U.S. presidential debate of the 2024 U.S. presidential campaign hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, U.S., November 8, 2023. Senator Tim Scott suspended his run for the 2024 Republican presidential election nomination on Sunday after months of burning through campaign cash at a blistering rate without making a significant dent in national opinion polls. "I think the voters, who are the most remarkable people on the planet, have been really clear that they're telling me: 'Not now Tim,'" Scott told Fox News in an interview on Sunday evening. The lone Black Republican in the U.S. Senate, Scott began his campaign in May, promising to present an optimistic, forward-looking vision for America. At the same time, Scott's finances began to deteriorate, an ominous sign for any presidential campaign.

Persons: Tim Scott, Adrienne Arsht, Mike Segar, Scott, Donald Trump, Nikki Haley, Haley, Ron DeSantis, Andy Sabin, Eric Levine, Levine, " Levine, Jeff Burns, Joe Biden, DeSantis, Biden, Gram Slattery, Alexandra Ulmer, Dan Whitcomb, Ross Colvin, Grant McCool, Miral Organizations: Republican, U.S, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, REUTERS, Rights, Fox News, United, Reuters, Black Republican, U.S . Senate, America, Florida, Trump, Democratic, Palestinian, Hamas, Thomson Locations: Miami , Florida, U.S, South Carolina, United States, Trump, New York, California, Ukraine, Israel, Washington, San Francisco

☆ House speaker race injects chaos into high-dollar Republican fundraising
▼ + stars: | 2023-10-13 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Kevin Lamarque | ReutersThe messy race to elect the next Republican speaker of the House of Representatives is injecting chaos into the typically genteel world of high-dollar GOP fundraising, threatening to disrupt a vital element of the Republican strategy to maintain its House majority. One faction of wealthy donors is intent on exacting revenge on the eight Republicans who voted with Democrats to oust former speaker Kevin McCarthy, according to people familiar with the matter. They're all saying, 'don't give, don't raise any money,'" a Republican fundraiser said. "If you have scheduled a fundraiser for any Republican House member who refuses to vote for Scalise, cancel it. Losing Kevin McCarthy will be damaging for fundraising," a longtime Wall Street Republican fundraiser said.

Persons: Kevin McCarthy, Kevin Lamarque, Andy Sabin, Sabin, Matt Gaetz, McCarthy, Nancy Mace, Win Mcnamee, Steve Scalise, Scalise, Eric Levine, Saul Loeb, Eiseman Levine, Levine, Joanne Zervos, McCarthy's, Zervos Organizations: Capitol, Republicans, GOP, Republican, CNBC, U.S, Getty, Republican House, AFP, New, Wall Street Republican, U.S . Rep, U.S . House Locations: Washington , U.S, Florida, South Carolina, California, Washington , DC, Louisiana, New York

☆ Jets owner Woody Johnson is privately lobbying GOP megadonors to donate to Trump's campaign
▼ + stars: | 2023-09-15 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

US President Donald Trump (R) gestures as he talks with US Ambassador to the United Kingdom Woody Johnson (L) preparing to board Marine One to depart the US ambassador's residence Winfield House in London on July 13, 2018. Billionaire and New York Jets owner Woody Johnson is part of a very small group within former President Donald Trump's inner circle: Wealthy supporters who are willing to invest their own personal capital to convince Republican megadonors to donate to Trump's presidential campaign. "The sales pitch from team Johnson has been 'it's going to be Trump based on the polling. Are you just not going to get on the train as Trump heads to be the nominee?'" But not Johnson.

Persons: Donald Trump, United Kingdom Woody Johnson, Woody Johnson, Donald Trump's, Republican megadonors, Johnson, Trump, Johnson's, Steve Schwarzman, Andy Sabin, Stephen Ross, Trump's Organizations: US, Winfield, New York Jets, Republican, Trump, CNBC, Jets, Blackstone, White House Locations: United Kingdom, London

☆ Private jets, luxury hotels: For wealthy donors, the Republican debate is a grand ole party
▼ + stars: | 2023-08-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Republican debate signage ahead of the Republican primary presidential debate hosted by Fox News in Milwaukee, Wisconsin, US, on Tuesday, Aug. 22, 2022. Wealthy Republican political donors will receive the VIP treatment at Wednesday night's GOP presidential primary debate in Milwaukee, according to contributors and organizers who spoke to CNBC ahead of the event. Andy Sabin, a wealthy New York businessman who backs South Carolina Sen. Tim Scott, told CNBC he plans to arrive in Milwaukee by private jet for the debate. During the debate, Sabin said he will be seated next to Gov. Billionaire and veteran venture capitalist Tim Draper will be at the debate to support former South Carolina Gov.

Persons: Andy Sabin, Carolina Sen, Tim Scott, Sabin, Kristi Noem, Tim Draper, Nikki Haley, Draper, Haley, Scott, Ron DeSantis, Chris Christie, Vivek Ramaswamy, Donald Trump, Saint Kate Organizations: Republican, Fox News, Wednesday, CNBC, Carolina, Gov, South Carolina Gov, Florida Gov, New, New Jersey Gov, Milwaukee Fiserv, Republican National Committee, RNC, Milwaukee Journal Sentinel, Young America's Foundation, Journal Sentinel Locations: Milwaukee , Wisconsin, Milwaukee, New York, South Dakota, New Jersey

He'll lose if he doesn't ... Extremism isn't going to get you elected," Bigelow said in an interview, adding that he had communicated these concerns to DeSantis' campaign. DeSantis' campaign finances have come under scrutiny in recent weeks after his campaign said it had let go 38 employees, or over one-third of staff. Bigelow said he agreed with most of DeSantis' policies, however, and that he was "spot on" in his war on "wokeism." Bigelow said he had told DeSantis' campaign manager Generra Peck that DeSantis needed to be more moderate to have a chance. DeSantis' campaign did not respond to queries about Peck and Bigelow.

Persons: Robert Bigelow, Steve Marcus, Ron DeSantis, Bigelow, Donald Trump's, He'll, isn't, DeSantis, I'm, Bryan Griffin, BIGELOW, Douglas Leone, Andy Sabin, Tim Scott, Trump, Generra Peck, Peck, Alexandra Ulmer, Jason Lange, Ross Colvin, Rosalba O'Brien Organizations: Bigelow Aerospace, REUTERS, Reuters, Florida, Las, Trump, PAC, Federal, Commission, DeSantis, Twitter, Thomson Locations: North Las Vegas , Nevada, U.S, Florida, Las Vegas

☆ Tim Scott sees big money donor interest while Ron DeSantis hunts for cash
▼ + stars: | 2023-07-28 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

Nicholas Pfosi | ReutersSen. Tim Scott, R-S.C., is seeing a wave of wealthy donor interest as he runs for president, while Florida Gov. Herring has already donated $6,600 to Scott's 2024 run for president, according to Federal Election Commission filings. Nikki Haley will be in the Hamptons on Sunday for a fundraising event, according to an invitation reviewed by CNBC. Sobel, who is a managing partner at Valor Capital Group, donated $6,600 to DeSantis' campaign in late June, according to Federal Election Commission records. Andrew Romeo, a spokesman for the DeSantis campaign, pointed CNBC to their fundraising efforts in the second quarter.

Persons: Tim Scott, Saint Anselm College's, Nicholas Pfosi, Reuters Sen, Ron DeSantis, Scott, Goldman Sachs, Gary Cohn, Andy Sabin, Stanley Druckenmiller, Sabin, James Herring, Herring, Marc Rowan, Tim Scott Victory, Robert Giuffra, Cromwell, Nikki Haley, Donald Trump, DeSantis, meanwhile, Cohn, Druckenmiller, Goldman, Scott East, Still, he's, John Catsimatidis, Brandon Bell, Clifford Sobel's, Michael Pascucci, Sobel, Pascucci, Giuffra, Ronald Lauder, Paul Singer, Lauder, Singer, Andrew Romeo, –, Romeo, Glenn Youngkin, Trump Secretary of Commerce Wilbur Ross, Lisa Wagner, Wagner, she's Organizations: U.S, New Hampshire Federation of Republican Women, Saint Anselm, Saint Anselm College's New Hampshire Institute of Politics, Reuters, Florida Gov, CNBC, Hamptons, Republican, Trump National Economic Council, Trump, Billionaire, Apollo Global Management, Tim Scott Victory Fund, PAC, Southampton, Sullivan, Former South Carolina Gov, GOP, Washington Examiner, Florida Governor, Getty, Valor Capital, Commission, Business Jet, Gulfstream, Embraer, Bucknell University, Records, Politico, Virginia Gov, Hotel, Trump Secretary of Commerce, NBC News, DeSantis Locations: Saint, Manchester , New Hampshire, Florida, Long, East Hampton, North Carolina, Scott East Hampton, DeSantis, Ukraine, Scott, Rio Grande, Eagle Pass , Texas, Southampton, Charleston, Virginia, Aspen , Colorado, Colorado

☆ A GOP donor who switched his support from Ron DeSantis to Tim Scott says prospective donors are 'disenchanted with Trump and DeSantis' and are eyeing Scott's candidacy
▼ + stars: | 2023-07-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

GOP donors are eyeing Tim Scott's 2024 candidacy after campaign stumbles by both Trump and DeSantis. But Scott's current position has a clear upside, as potential supporters and prospective GOP donors are giving his campaign a closer look after stumbles by both Trump and DeSantis. So Scott's nascent campaign has become a potential alternative to a DeSantis candidacy among some Republicans, according to The New York Times. Sabin, who's hosting a fundraiser for affluent donors in the Hamptons in August, expressed frustration with both Trump and DeSantis. The businessman said that prospective donors were eyeing Scott's candidacy and "all want to see what he's about."

Persons: Tim Scott's, Scott, Tim Scott, Donald Trump, Ron DeSantis, who's, Trump, Andy Sabin, he's, Sabin, I've, —, Vivek Ramaswamy, DeSantis, Doug Burgum, Chris Christie, Iowa Republican caucusgoers Organizations: Trump, South, Service, Republican, Gov, Senate, GOP, Manhattan District, The New York Times, Sabin Metal Corporation, Times, Hamptons, of New, Fox Business, Iowa Republican Locations: South Carolina, Wall, Silicon, Florida, Fulton County , Georgia, DeSantis, of New Hampshire, North Dakota, New Jersey

☆ Chris Christie lures big donors as he takes on Trump, while billionaire ally Cohen sits out
▼ + stars: | 2023-06-20 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

A person close to Cohen told CNBC that Cohen has yet to donate to either Christie's campaign or the allied super PAC called Tell It Like It Is. Cohen has no immediate plans to help Christie or get involved with the GOP primary at large, but his intentions could always change, this person added. Wall Street executive and former Trump communications director Anthony Scaramucci previously told Semafor he expected Cohen to support Christie. Colin Reed, a spokesman for the Christie super PAC, would not say who has donated to the group so far and only described the funding support as "overwhelming." The data also shows that Cohen later contributed $1 million toward Trump's inaugural celebration — at a time when Christie also publicly supported Trump.

Persons: Chris Christie, Donald Trump, Christie, Steve Cohen, Cohen, Anthony Scaramucci, Semafor, Scaramucci, CNBC's, Jeb Bush, Marco Rubio, Colin Reed, Reed, Joe Biden, Steve Schwarzman, Andy Sabin, Trump, Alexandra, Christie's Organizations: New, New Jersey Gov, GOP, Republican, Mets, CNBC, Wall Street, Trump, Christie, Gov, Republican Party, Blackstone, America Locations: New Jersey, Wall

The impoverished child of a single mother and the only Black Republican in the U.S. Senate, Scott often points to his personal story as proof that America remains a land of promise. As a Black conservative, Scott is a rarity in a country where politics are sharply divided along racial lines. Some 92% of Black voters backed Democrat Joe Biden in the 2020 presidential election, while 55% of white voters backed Trump. At the same time, the South Carolina senator has accused Democrats of exploiting racial tensions for partisan gain. Scott's entrance into the race puts him in direct competition with Nikki Haley, the former governor of South Carolina, who launched her campaign in February.

☆ Ahead of 2024 bid, DeSantis challenges Trump on abortion limits
▼ + stars: | 2023-05-16 | by ( James Oliphant | ) www.reuters.com time to read: +3 min

WASHINGTON, May 16 (Reuters) - Florida Governor Ron DeSantis said on Tuesday he was proud to have signed a six-week abortion ban, after seeming initially reluctant to embrace the recently passed law in Florida that outlaws almost all abortions in the state. At a news conference on Tuesday, DeSantis said he was “proud” to have signed the legislation and fired back at Trump, who suggested in an interview this week that the six-week ban is overly restrictive. “He will not answer whether he would sign it or not,” said DeSantis, who is a leading contender for the Republican nomination. While DeSantis’ abortion stance could help garner him votes among hard-right conservatives, some Republican donors have expressed unease with his position. In an interview with Reuters last week, Republican donor Andy Sabin said he could not support DeSantis after he signed the abortion law.

[1/2] Florida Governor Ron DeSantis speaks at the 2023 NHGOP Amos Tuck Dinner in Manchester, New Hampshire, U.S., April 14, 2023. Seemingly entrenched in culture wars, Florida governor DeSantis risks being overshadowed by Trump's fundraising, improving polling numbers and endorsements by lawmakers, anti-Trump donors say. Other polls of Republicans alone show Trump has surged into a commanding lead over DeSantis in recent weeks. History shows that early endorsements by elected party officials give candidates momentum and can be predictive of who wins a presidential nomination. These culture war appeals to Trump's Republican base so far do not appear to be working.

DeSantis' muddled messaging on Ukraine and the multiple legal investigations into Trump mean that this year’s primary race “is a vast sea of uncertainty,” said Whit Ayres, a Republican strategist and former DeSantis pollster. Metals magnate and donor Andy Sabin backed Trump in 2016 and 2020 but is now planning to spend money in the Republican primary on “anybody but Trump." Enthusiastic crowds of Trump supporters were mostly quiet when he mocked DeSantis at two recent rallies. For now, despite the volatility, Trump and DeSantis remain the two leading contenders, said David Tamasi, a Republican donor and lobbyist. "You have two candidates getting 75-80% of the vote," said Tamasi, who previously backed Trump but is not this time.

☆ Meet the megadonors backing the Trump super PAC as some top donors opt out of supporting 2024 candidacy
▼ + stars: | 2022-12-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Yet, the latest disclosure, which shows fundraising for the super PAC from Oct. 20 through Nov. 28, also lists nine other individual contributions totaling over $900,000. Wealthy businessman Timothy Mellon contributed $1.5 million to the super PAC on Oct. 5, according to the records. This small group of megadonors arrived in support of the super PAC just prior to other influential financiers deciding they will not back Trump's 2024 candidacy for president. During Trump's first run for the White House in 2016, Pate financed the anti-Trump super PAC We The People Foundation. Anthony Lomangino, a recycling mogul, donated $100,000 to the super PAC on Nov. 4.

☆ It's not just GOP donors — even Trump's onetime spiritual advisor is turning on him after his 2024 announcement, calling him a 'little elementary schoolchild'
▼ + stars: | 2022-11-18 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

Even Trump's onetime spiritual adviser is ditching him, after he announced his 2024 presidential bid. "If Mr. Trump can't stop his little petty issues, how does he expect people to stop major issues?" Even Trump's one-time spiritual adviser has publicly slammed him, calling him childish, a day after he announced his 2024 presidential run. This was after Trump announced his 2024 presidential bid on Tuesday night at Mar-a-Lago, pledging to make America "great" and "glorious" again. Robison did not immediately respond to a request for comment from Insider on whether he would endorse Trump's 2024 bid.

☆ GOP megadonor Mercer family has no plans to boost Trump's 2024 campaign as former president loses more allies
▼ + stars: | 2022-11-18 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Robert Mercer and Rebekah Mercer attend the 2017 TIME 100 Gala at Jazz at Lincoln Center on April 25, 2017 in New York City. Rebekah Mercer gave nothing to any pro-Trump group or Trump campaign entity during his last run for president, according to the filings. The 2016 Trump campaign then reportedly used that data to conduct some digital advertising. The Trump campaign paid Cambridge Analytica over $5.9 million for its services during the 2016 election cycle, according to the nonpartisan OpenSecrets. The pro-Trump super PAC funded in part by Robert Mercer also paid Cambridge Analytica just over $5.6 million that cycle, OpenSecrets says.

☆ GOP donor who gave Trump $120,000 in 2020 now says he won't give the former president anything
▼ + stars: | 2022-11-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A GOP donor who gave Donald Trump $120,000 in 2020 now says he won't give him a nickel. Andy Sabin, chairman of Sabin Metal Corp, told CNBC he blames Trump for the GOP's midterms results. Sabin gave Trump $120,000 in 2020, per CNBC. "At the end of the day, people stayed away because of Trump," Sabin said. Sabin told CNBC that he, too, blames Trump for the party's election failures.

☆ Trump ally, billionaire GOP megadonor Ronald Lauder won't back Trump's 2024 run for president
▼ + stars: | 2022-11-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Then-President-elect Donald Trump shakes hands with Ronald Lauder, President of the World Jewish Congress, after a meeting on December 28, 2016 at Mar-a-Lago in Palm Beach, Florida. Billionaire and GOP megadonor Ronald Lauder won't help finance Donald Trump's 2024 campaign for president, his spokesman told CNBC on Wednesday. Lauder, an heir to the Estée Lauder fortune, is the latest Republican megadonor to distance himself from Trump as the former president launches a third bid for the White House. Lauder reportedly spoke to Trump while he was president about the idea of the U.S. buying Greenland. Though his spokesman did not say who Lauder will support in 2024, Florida campaign finance records show that the billionaire businessman donated $10,000 last year to a political action committee supporting Florida Gov.

☆ As Trump readies possible 2024 White House run, GOP megadonors back DeSantis, Youngkin, other Republicans
▼ + stars: | 2022-11-15 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Sabin contributed $55,000 this year to a pro-DeSantis PAC, Friends of Ron DeSantis, which supported the Florida governor's successful bid for reelection, according to state campaign finance records. Trump, meanwhile, has scheduled a primetime announcement Tuesday night, heavily hinting that it will be his presidential campaign launch. Trump also endorsed dozens of winning House candidates, but many of those Republicans were in firmly red districts without a serious competitor. Ross hosted a fundraiser for Trump at his Hamptons home in 2019 to raise money for Trump's campaign and the Republican National Committee. While Levine didn't personally donate to Trump's races, he helped raise campaign cash for several other candidates Trump endorsed in the last cycle.

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