{"id":1936357,"date":"2023-05-23T17:28:05","date_gmt":"2023-05-23T21:28:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-mega-donor-bails-on-trump-will-back-desantis-for-president-in-2024\/"},"modified":"2023-05-23T17:30:31","modified_gmt":"2023-05-23T21:30:31","slug":"republican-mega-donor-bails-on-trump-will-back-desantis-for-president-in-2024","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-mega-donor-bails-on-trump-will-back-desantis-for-president-in-2024\/","title":{"rendered":"GOP Big Donor Ditches Trump, Supports DeSantis for 2024 Presidency."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublican-mega-donor-bails-on-trump-will-back-desantis-for-president-in-2024%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1936357&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Why Trump is Losing Big Money Donors for 2024 Election<\/h2>\n<p>Winning the White House costs money. A lot of money.<\/p>\n<p>And the price keeps soaring. In 2016, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-mega-donor-bails-on-trump-will-back-desantis-for-president-in-2024\/\" title=\"GOP Big Donor Ditches Trump, Supports DeSantis for 2024 Presidency.\">presidential candidates spent<\/a> about $2.2 billion. In 2020, that <a href=\"https:\/\/www.opensecrets.org\/news\/2020\/10\/cost-of-2020-election-14billion-update\/\" target=\"_blank\" rel=\"noopener\">jumped<\/a> to $6.6 billion.<\/p>\n<p>Like it or not, no one wins without money. That\u2019s bad news for former President Donald Trump.<\/p>\n<p>Yet another wealthy Republican financier is bailing on Trump and instead backing Florida Republican Gov. Ron DeSantis in the 2024 election.<\/p>\n<p><strong>Hal Lambert<\/strong>, founder of Texas-based Point Bridge Capital, thinks the GOP needs to move on from the 76-year-old former president and go for DeSantis, 44.<\/p>\n<blockquote>\n<p>\u201cI\u2019m in for DeSantis this time. I plan to do a lot to help DeSantis win,\u201d Lambert told The New York Post.<\/p>\n<p>\u201cRon is good at giving a message,\u201d Lambert said, adding that his wife Casey \u201cis amazing.\u201d \u201cShe will be a real asset.\u201d<\/p>\n<\/blockquote>\n<p>Lambert said Trump\u2019s performance during a recent CNN town hall left a bad taste in his mouth.<\/p>\n<blockquote>\n<p>\u201cWhat voters who didn\u2019t vote for Trump in 2020 are going to vote for him this <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texans-hit-with-thousands-of-dollars-in-energy-costs-wont-get-bills-reduced\/\" title=\"Texans Hit With Thousands Of Dollars In Energy Costs Won\u2019t Get Bills Reduced\">time based<\/a> on his performance? I don\u2019t think anyone will,\u201d Lambert said.<\/p>\n<p>\u201cWe can\u2019t talk about things from four years ago that can\u2019t be changed,\u201d he said. \u201cTrump is going to have a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-mcconnell-isnt-expecting-the-gop-to-retake-the-senate\/\" title=\"Why McConnell Isn\u2019t Expecting the GOP to Retake the Senate\">difficult time winning<\/a> the general election. The election won\u2019t be about Joe Biden\u2019s bad record. It will be a referendum on Trump instead.\u201d<\/p>\n<\/blockquote>\n<p>DeSantis, Lambert said, would also offer a greater contrast to 80-year-old President Joe Biden on the debate stage.<\/p>\n<p>Trump might be worth $2.5 billion (at least according to a Forbes <a href=\"https:\/\/www.forbes.com\/sites\/danalexander\/article\/the-definitive-networth-of-donaldtrump\/?sh=1818757b2a8e\" target=\"_blank\" rel=\"noopener\">report<\/a>), but The Don doesn\u2019t like to spend his own cash. He\u2019s looking to the money whales to fund his 2024 run, and they\u2019re busy swimming out to deep water.<\/p>\n<p>\u201cGOP megadonors Robert Mercer and Rebekah Mercer have no current plans to help former President Donald Trump\u2019s 2024 campaign for the White House, according to people familiar with the matter,\u201d CNBC reported.<\/p>\n<p>\u201cThe Mercers, a father and daughter who were among Trump\u2019s major benefactors during his first run for president in 2016, are distancing themselves from the ex-president\u2019s third White House bid and cutting back their overall campaign fundraising, these people said. The people who spoke to CNBC did so on the condition of anonymity in order to talk about private conversations.\u201d<\/p>\n<p>And more are bailing.<\/p>\n<blockquote>\n<p>\u201cBlackstone CEO Steve Schwarzman, Citadel CEO Ken Griffin, wealthy New York businessman Andy Sabin and billionaire Ronald Lauder are among the wealthy GOP donors opting against helping Trump\u2019s latest campaign \u2014 at least during the Republican primary,\u201d CNBC reported. \u201cSome of the country\u2019s wealthiest GOP donors do not believe Trump can win again and have argued for a new face to represent their party in the race for president.\u201d<\/p>\n<\/blockquote>\n<p><strong>CLICK HERE TO GET THE DAILY WIRE APP<\/strong><\/p>\n<p>\u201cI\u2019d like to think that the Republican Party is ready to move on from somebody who has been for this party a three-time loser,\u201d Griffin said at Bloomberg\u2019s New Economy Forum in Singapore, referring to the last three election cycles, The Hill reported.<\/p>\n<p>Schwarzman was more harsh. \u201cAmerica does better when its leaders are rooted in today and tomorrow, not today and yesterday,\u201d he said in a statement. \u201cIt is time for the Republican Party to turn to a new generation of leaders and I intend to support one of them in the presidential primaries.\u201d<\/p>\n<p><em>The views expressed in this piece are the author\u2019s own and do not necessarily represent those of The Daily Wire.<\/em><\/p>\n<h3>About the Author:<\/h3>\n<p><em>Joseph Curl has covered politics for 35 years, including 12 years as White House correspondent for a national newspaper. He was also the a.m. editor of the Drudge Report for four years. Send tips to josephcurl@dailywire.com and follow him on Twitter @josephcurl.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost of winning the White House is steep and continues to rise. In 2016, candidates spent $2.2 billion, but in 2020, it skyrocketed to $6.6 billion. Money is essential for victory, which is bad news for Donald Trump. A Republican financier is withdrawing support, leaving Trump in a difficult position.<\/p>\n","protected":false},"author":159,"featured_media":1936358,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[4506,4980,17621,6498,6203,10423,9787,3634],"class_list":["post-1936357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-4506","tag-desantis","tag-ditches","tag-donor","tag-gop","tag-presidency","tag-supports","tag-trump"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1936357"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1936358"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1936357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1936357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1936357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}