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The political branch of the powerful Koch network is facing scrutiny as operatives chafe against a decision to endorse Nikki Haley for president that many see as out of step with their values. A day later, Maidment was "terminated" from the organization, he said, and he told NBC News that he is not the only one within the Koch-backed group who is disappointed in the Haley endorsement. As the group started to see public criticism from those with ties to AFP, Seidel sent some AFP leaders an email about the overall response. "Some of you may have seen some recent public posts from some colleagues who disagree with AFP Action's endorsement," Seidel wrote in the email. If Trump feels Koch moved the needle for Haley, he'll have more interest in working with them.
Persons: Nikki Haley, Koch, , Chris Maidment, Haley, Maidment, Mark Lucas, Donald Trump, Trump, Lucas, Ron DeSantis, Emily Seidel, Seidel, Mark Holden, Marc Short, Mike Pence, he'll, I'm, Jamie Dimon Organizations: U.S, United, Prosperity's, PAC, GOP, Prosperity, NBC News, Koch, AFP, Trump, White, NBC Locations: Hooksett , New Hampshire, U.S, New Hampshire, Iowa, Cedar Rapids, Florida, AFP
Prosperity Bancshares is a safe pick in a sector that's been recently defined by risk, according to Wolfe Research. Analyst Bill Carcache double-upgraded the regional bank stock to outperform from underperform, saying the bank has "relative safety on high ground" amid sector turmoil that was initially ignited by the closure of Silicon Valley Bank in March and reignited by the auction won by JPMorgan for First Republic Bank this week. His new target implies the stock could rally 15% from Tuesday's close. That's of increasing importance as industry insiders expect more stringent regulations following the recent bank failures, he said. He said that the bank has historically had fewer write-offs than regional peers.
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