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Will Big Donors Follow Haley Back to Trump?

·1 min

After dropping out of the Republican presidential primary, Nikki Haley announced her support for Donald Trump. This decision disappointed some who endorsed her as an anti-Trump candidate but may encourage donors like Ken Griffin to contribute to Trump’s campaign. In the past, wealthy Republicans supported Haley, including Paul Singer, Henry Kravis, Barry Sternlicht, Cliff Asness, Stanley Druckenmiller, and Ken Langone. Many of these donors had initially opposed Trump but are now reconsidering due to their disagreement with President Biden’s policies and the White House’s criticism of Israel. Trump has been outpacing Biden in fundraising, and support from megadonors could help close the cash gap.