{"id":1987752,"date":"2023-08-01T13:17:01","date_gmt":"2023-08-01T17:17:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tim-scott-receives-major-boost-in-white-house-bid-from-these-seven-billionaires\/"},"modified":"2023-08-01T13:19:17","modified_gmt":"2023-08-01T17:19:17","slug":"tim-scott-receives-major-boost-in-white-house-bid-from-these-seven-billionaires","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tim-scott-receives-major-boost-in-white-house-bid-from-these-seven-billionaires\/","title":{"rendered":"Tim Scott&#8217;s White House bid gets significant support from seven billionaires."},"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\">22<\/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%2Ftim-scott-receives-major-boost-in-white-house-bid-from-these-seven-billionaires%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=1987752&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>Super PACs Supporting Sen. Tim Scott&#8217;s 2024 White House\u2062 Bid Receive Massive Donations \u200dfrom Influential Business Leaders<\/h2>\n<p>Recent records reveal that \u200bSuper PACs supporting Sen. Tim Scott&#8217;s (R-SC) <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/did-trump-just-signal-hes-returning-to-twitter\/\" title=\"Did Trump Just Signal He\u2019s Returning To Twitter?\">potential 2024 presidential campaign<\/a> \u2062have received substantial donations\u2064 from\u2064 a group of \u200dinfluential business leaders.<\/p>\n<p>The pro-Scott committees, Opportunity Matters\u2062 Fund Action and Trust In The Mission, which are not \u200callowed to coordinate directly with Scott&#8217;s campaign but can <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tim-scott-receives-major-boost-in-white-house-bid-from-these-seven-billionaires\/\" title=\"Tim Scott's White House bid gets significant support from seven billionaires.\">accept \u200bunlimited cash contributions<\/a>, disclosed on Monday \u2063that they received a combined total of $6.1 million from seven billionaires between March and June.<\/p>\n<h3>Wall Street Evaluates Republican Hopefuls for 2024 \u2064Presidential \u200cElection<\/h3>\n<p>These \u200bdonations highlight how Wall Street is assessing which Republican candidate \u2062could gather enough support to challenge President Joe Biden in the 2024 presidential election. According to a recent New York Times\/Siena\u200b College GOP primary survey, former President Donald\u2064 Trump leads with 54% support, followed by Gov. Ron DeSantis (R-FL) \u200cat 17%, \u200cex-Vice President Mike \u200bPence, Tim Scott, and\u2063 former Ambassador to the United Nations Nikki Haley at 3%, and entrepreneur Vivek Ramaswamy at 2%.<\/p>\n<p>&#8220;Tim Scott is the one candidate in this race that has shown movement and momentum,&#8221; said Nathan Brand, the \u2063communications director for Scott&#8217;s presidential campaign, in an interview\u2064 with the Washington Examiner. &#8220;His consistently \u200bconservative\u200d record,\u2063 positive message, and ability\u200c to connect with voters everywhere is why Tim\u200c Scott is \u2064resonating. This is why he\u2019s the candidate that Democrats fear the\u200d most.&#8221;<\/p>\n<p>Opportunity Matters Fund Action notably received significant contributions, including $80,000 from investor Nelson Peltz, non-executive chairman of the Wendy\u2019s Company, $600,000 \u200bfrom business magnate Jeffrey Yass,\u2063 and $150,000 from former hedge fund \u200bmanager Stanley Druckenmiller, according to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dem-cheri-bustos-diverts-post-office-aid-cash-to-own-campaign\/\" title=\"Dem Cheri Bustos Diverts Post Office Aid Cash to Own Campaign\">campaign finance disclosures<\/a>. \u200dHowever, billionaire and former Oracle CEO Larry Ellison, who previously\u200d donated over $35 million\u2062 to another Scott-affiliated PAC between \u20642020 \u2064and 2022, was absent from the latest \u2063list of contributors.<\/p>\n<p>Peltz,\u2063 who hosted a fundraising dinner in 2020\u2062 to support Trump&#8217;s presidential bid but later distanced\u200d himself after the \u200bJan. 6 Capitol riot, expressed concerns about \u200dGov.\u2063 DeSantis&#8217;\u2063 anti-abortion policies. Yass, co-founder of\u200c the Philadelphia-based Susquehanna International Group,\u2062 has previously supported \u200cefforts \u2062opposing a Trump nomination within the GOP. Druckenmiller, a former \u200bmanaging director at Soros Fund Management, is co-hosting a fundraiser in the Hamptons\u2063 to support Scott, along with\u2063 ex-Gov. \u200cBill Haslam (R-TN).<\/p>\n<p>Trust\u200d in the Mission PAC received a $300,000 contribution from Haslam, \u2063as well as $25,000 each from billionaire \u200bcouple Jimmy Haslam and Dee Haslam, owners of\u200c the\u2064 Cleveland Browns in the\u2063 NFL. Additionally, the PAC received $5 million\u2064 in June from South Carolina businessman Ben Navarro, founder of\u2062 Sherman Financial Group and owner of Credit One Bank.<\/p>\n<p>While Trump currently\u200b dominates the GOP\u200c polls, Scott\u2062 may have an opportunity to gain traction, considering recent challenges faced by the DeSantis campaign, such \u2062as overspending, low fundraising, and \u2062staff layoffs. The pro-DeSantis super PAC Never Back\u2062 Down reported $97 million in cash-on-hand and plans to\u200d raise another $100 \u2062million by March 2024.<\/p>\n<p>Steven\u2063 Cheung, a spokesman for the Trump campaign, expressed confidence in \u2064the \u200dformer president&#8217;s nomination and victory over \u200dPresident Biden, \u2062stating,\u2062 &#8220;Americans want to\u2064 return to \u200ba prosperous nation, and there\u2019s only one person who can \u2062do \u200bthat \u2014 President Trump.&#8221;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> to read\u200c more from the Washington \u200bExaminer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Tim Scott&#8217;s (R-SC) 2024 presidential campaign received substantial contributions from influential business leaders. Recent records show that Super PACs supporting Scott, namely Opportunity Matters Fund Action and Trust In The Mission, collected significant donations. While these committees can accept unlimited funds, they are prohibited from directly coordinating with Scott&#8217;s campaign.<\/p>\n","protected":false},"author":1,"featured_media":1987753,"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":[538],"tags":[],"class_list":["post-1987752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"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\/1987752","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1987752"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1987752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1987753"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1987752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1987752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1987752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}