Sunday, May 24, 2026

Republican donors are not interested in Trump’s 2024 campaign


The top Republican donors have postponed fundraising for former President Donald Trump’s potential 2024 campaign, instead focusing on the 2022 midterm elections. CNBC report Tuesday.

Almost after leaving the White House in January, Trump has been raising funds from his supporters and raising large amounts of money for a possible 2024 campaign. Although Trump is still the strongest Republican, the party’s financially strong donors have been directing their big checks elsewhere.

The aide, who asked not to be named, told CNBC that many donors are paying attention to Trump’s political activities and are being delayed by how his group spends funds. An aide explained that some donors did not support Trump’s rally, and he continued to spread misinformation about the 2020 election.

But Trump is still a popular figure in the party. According to the Federal Election Commission donation data cited by CNBC, Trump received donations from wealthy donors including former Senator Kelly Loughler, Bank of Texas executive Andrew Bill and casino mogul Philip Pruffin from July to August. Raised 1.5 million U.S. dollars there. Mike Lindell, CEO of MyPillow, is responsible for election-related matters conspiracy, Is also one of Trump’s donors.

Republican donors are not focusing on the elections three years later, but instead use their checks to ensure control of Congress in the 2022 midterm elections. President Joe Biden’s Democrats maintain a small majority in the House of Representatives, while the Senate is presided over by Vice President Kamala Harris as the tiebreaker for the key bill.

The 2024 presidential campaign is not completely out of the sight of donors. According to a CNBC report, former Trump loyal donors, such as Oracle CEO Larry Ellison and real estate mogul Stephen Rose, donated to other possible Republican candidates, such as Florida Senator Marco Rubio and Senator Tim Scott of South Carolina. In July, a fundraising event was held for the Governor of Florida in Hampton on Long Island. Ron DeSantisIf Trump does not stand in the election, it is generally believed that he will become the leader of the candidate. Present at the meeting were former Trump Secretary of Commerce Wilbur Ross and Wall Street tycoon John Paulson.

Some more influential donors have also apparently remained silent. Miriam Adelson, widow of Republican magnate Sheldon Adelson, has not issued any checks for Trump, but has donated to the political action committee related to former UN ambassador Nicky Haley. Since 2016, Trump’s two prolific donors, Robert and Rebekah Mercer, have not donated to any of his organizations since the end of his term.





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