GOP megadonor Mercer family has no plans to boost Trump’s 2024 campaign as former president loses more allies

By | November 18, 2022

CNBC reports:

GOP megadonors Robert Mercer and Rebekah Mercer have no current plans to help former President Donald Trump’s 2024 campaign for the White House, according to people familiar with the matter.

The Mercers, a father and daughter who were among Trump’s major benefactors during his first run for president in 2016, are distancing themselves from the ex-president’s third White House bid and cutting back their overall campaign fundraising, these people said. The people who spoke to CNBC did so on the condition of anonymity in order to talk about private conversations.

The two Republican financiers join a list of party donors who are not planning to back Trump’s latest bid for president, which he launched Tuesday night. [Continue reading…]

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