In The News

GOP Megadonor Says He Won’t Back Trump In 2024

A major Republican donor announced Wednesday that he will not support former President Donald Trump in the 2024 presidential election.

Stephen Schwarzman, CEO and co-founder of private-equity firm Blackstone, told Axios that he is “defecting” from Trump. Alongside Schwarzman, Ken Griffin, founder of the Citadel hedge fund and previous supporter of Trump policies, opted to endorse Florida Gov. Ron DeSantis.

“America does better when its leaders are rooted in today and tomorrow, not today and yesterday,” Schwarzman said. “It 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.”

Trump announced his candidacy for the 2024 presidential election Tuesday, but many Republican leaders are waiting to “see how things go” in Congress before deciding if they will endorse him, according to Politico.

“Absolutely I’m going to be giving strong consideration to him. But I’m going to withhold an endorsement until we see where things go.” South Carolina Republican Sen. Lindsay Graham told Politico. “I’ll tell you after Georgia.”

Minority Leader Kevin McCarthy told Politico that “right now we’re working towards getting the Congress back.”

Republican Texas Sens. John Cornyn and Ted Cruz reported Monday that they would support a contested GOP primary, just one day before Trump announced his candidacy, according to The Texas Tribune. The senators are open to other options, but will support Trump if he becomes the Republican nominee.

“I’m sure I’ll support the nominee of the Republican Party, but I think there’s likely to be a competitive primary election,” Cornyn said, according to the Tribune.

Recent polls show Trump may not be the frontrunner in the Republican primaries; a YouGov poll, conducted following the midterm elections, showed that 23% of voters preferred DeSantis while only 20% said they preferred Trump.

Schwarzman, Griffin and Trump did not immediately respond to the Daily Caller News Foundation’s request for comment.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

Bronson Winslow

Share
Published by
Bronson Winslow

Recent Posts

Canada Makes Bizarre US Trade Talk Demand: No More Memes

Canadian Prime Minister Mark Carney suggested Tuesday that President Donald Trump’s administration needs to “stop…

1 hour ago

Russian Hackers Claim They Released Data Stolen From ATF In Cyberattack

A Russian cybergang published data it claimed to have stolen during an August cyberattack on…

2 hours ago

Pentagon Will Own 35% Of Venezuela Oil Venture, White House Reveals

The Pentagon will hold a 35% ownership share of a new oil company created through…

2 hours ago

Worldwide Indicator Flashing Red As Global Debt Deluge Spooks Investors

Global bond yields climbed to their highest levels since the 2008 financial crisis Tuesday as…

2 hours ago

Cases Of Kids Accidentally Eating Their Parents’ Drugs Skyrocket

The number of kids unintentionally consuming recreational drugs has risen greatly over the last 25…

2 hours ago

Chevron Drills Deeper Into Trump’s Venezuela Oil Push

Oil giant Chevron is expected to expand its operations in Venezuela as the Trump administration…

2 hours ago