"Trump's Billionaire Backers Return, Aiming to Outraise Biden's Fundraisers"

1 min read
Source: The Washington Post
"Trump's Billionaire Backers Return, Aiming to Outraise Biden's Fundraisers"
Photo: The Washington Post
TL;DR Summary

Several GOP billionaires who previously distanced themselves from Donald Trump following the Jan. 6 Capitol riot are now rekindling their support for the former president, citing concerns over President Biden's tax agenda and discomfort with his administration's policies. Despite reservations about Trump, these elite donors are being courted by his team and are considering contributing to his 2024 campaign, with some already planning to host and attend high-dollar fundraisers. The shift in support reflects the billionaires' prioritization of their personal fortunes and opposition to Biden's tax proposals, despite lingering misgivings about Trump's candidacy.

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