Major Trump donors who soured on him after 2020 and Jan. 6 now insist he's their best choice
ABC News1/2Nov. 27, 2023
Donald Trump and his allies are ramping up high-dollar fundraising efforts with less than two months to go until the Iowa caucus begins the 2024 Republican primary, as several major donors show signs of returning to the former president – including those who once called on him to exit the race.
Some observers say the changing view of big financial backers shows a recognition that because Republican voters are sticking with Trump amid his continued controversy and legal troubles, he remains a very real contender for the White House. Trump is battling a slew of unprecedented criminal charges all of which he denies but remains the front-runner in polling.
At the same time, anti-Trump Republican donors have spent millions while scrambling to coalesce behind an alternative candidate to take on the former president and anti-Trump voters remain divided between a handful of challengers.
Charlie Kolean, a GOP strategist who raises money for the Trump campaign, said that "while Trump may have not been some Republicans' first choice for 2024, many are coming back on board because the risk of Joe Biden being a two-term president is just too high." "His lead in the polls is unparalleled and barring any legal action, there is nothing politically that could stop him from becoming the nominee," Kolean said.
Later this week, the former president and his campaign are hosting a fundraiser at the Trump International Golf Club in West Palm Beach, Florida, with ticket prices ranging from $11,600 per person for general attendance to $23,200 for attendance and a photo opportunity.
The following week, real estate executives Steven Witkoff and Howard Lorber are co-hosting a fundraiser for the former president in Hallandale Beach, Florida, for a $23,200-per-person ticket that includes a photo opportunity.
Both Witkoff and Lorber are longtime friends of Trump, and Witkoff testified as the first witness for Trump's defense team in a New York civil trial in which Trump is accused of inflating the values of his properties. Trump has denied any wrongdoing.
But other Republican donors who hadshown reservationsabout Trump after the 2020 election orhad been sitting on the sidelines are now gradually coming out in support of him, too.
Over the last couple of years, a number of the GOP's big backers from financiers like Ken Griffin, Thomas Peterffy and Stephen Schwarzman to cosmetics executive Ronald Lauder and oil and gas mogul Harold Hamm turned their backs on Trump or expressed reservations about him.
Some cited the Jan. 6 attack on the U.S. Capitol and efforts to overturn the 2020 presidential election and some blamed Trump for Republican disappointments during the 2022 midterms. Others said the party needed a new generation of leaders.
Several bundlers and fundraisers that raised money for Trump had also moved on to raise money for his 2024 rivals.
Home Depot co-founderBernie Marcuswas among the major donors that had declined to weigh in on the 2024 presidential election before he announced asurprise endorsementof Trump in an op-ed published on the website Real Clear Politics in early November, sayingthe "stakes are just too high" and the "choice is simple."….
https://abcnews.go.com/Politics/major-trump-donors-soured-after-2020-jan-6/story?id=104951161