Democratic billionaire donor and LinkedIn co-founder Reid Hoffman has suspended donations to former Gov. Nikki Haley's bid for the Republican nomination, according to sources familiar with the matter. Said CNBC Wednesday.
The funding cut marks the first time Haley's donors have cut back on their support since Tuesday. Haley was a favorite of establishment figures attacking former President Donald Trump, the de facto Republican nominee.
Hoffman previously donated $250,000 to a pro-Haley super PAC. new york times report.
“If America avoids re-electing President Trump, it will be because he loses next year's election. If he loses, he will lose to Nikki Haley in the primary or to Joe Biden in the general election. “It will be,” Hoffman said. I have written During December.
Reid Hoffman, co-founder of LinkedIn, heads to the morning session of the Allen & Company Media & Technology Conference on Friday, July 14, 2023 in Sun Valley, Idaho, USA. The summit is usually a hotbed for etchings, but this year's mood could be very different given weak trading volumes, inflation and rising interest rates.Photographer: David Paul Morris/Bloomberg
Hoffman also said he donated to Haley's Republican candidacy after consulting with JPMorgan CEO Jamie Dimon, who urged elite support for Haley. .
Trump appears to have lifted his donor base's grip on the Republican electoral process after his victory in New Hampshire.of new york times He acknowledged that after President Trump torched Haley in New Hampshire, the donor base had completely lost control of the Republican Party and was now a “desperate group of bystanders.”
The donor base has spent more than $167 million against President Trump in Iowa and New Hampshire. But the pro-Haley dinner party failed to bring the candidate within single digits of Trump's landslide victory. Pro-Trump factions spent only $34.1 million in Iowa and New Hampshire, while pro-Haley finished in second place, spending $31 million in New Hampshire alone.
“Tuesday night's results showed that for the Bush-Cheney-Romney Republican Party, it's time to save shiva. And the donor base that once played a huge role in shaping the party has arrived. are now a group of hopeless bystanders.” lisa lehrer Maggie Haberman and of times I have written.
Wendell Husebo is a political reporter for Breitbart News and a former Republican war room analyst.he is the author of politics of slave morality.Follow Wendell “X” @WendellHusebø or society of truth @WendellHusebo.
