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Billionaires Come Back to Trump

March 29, 2024 · 9:39 am ET · Leave a Comment

Washington Post: “As hopes of a Republican alternative have crumbled, elite donors who once balked at Trump’s fueling of the Capitol insurrection, worried about his legal problems and decried what they saw as his chaotic presidency are rediscovering their affinity for the former president — even as he praises and vows to free Jan. 6 defendants, promises mass deportations and faces 88 felony charges.”

“The shift reflects many conservative billionaires’ fears of President Biden’s tax agenda, which if approved would drastically reduce their fortunes. In some cases, it also points to their discomfort with the Biden administration’s foreign and domestic policy decisions. Some of these billionaires have been assiduously courted by Trump and his advisers in recent months.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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