Donald Trump faces billionaires in retreat and tabloid trolling a day after campaign announcement - CNN

2 years ago 40
Steve Schwarzman FILE

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CNN  — 

A time aft Donald Trump announced his 3rd bid for the presidency, helium faced nationalist defections from billionaire backers and vicious trolling from a once-friendly New York tabloid – underscoring his aboriginal challenges successful mounting a governmental comeback astir 2 years aft the extremity of his divisive presidency.

Stephen Schwarzman, the CEO of the backstage equity steadfast Blackstone and a one-time Trump ally, announced Wednesday that helium would not enactment Trump’s bid for the Republican nomination, saying it’s clip “for the Republican enactment to crook to a caller procreation of leaders.”

A spokesperson for different billionaire protagonist – cosmetic heir Ronald Lauder – confirmed to CNN connected Wednesday that Lauder would not backmost Trump’s bid to go lone the 2nd US president elected to 2 nonconsecutive terms.

And successful different motion that the once-supportive blimpish media empire controlled by Rupert Murdoch has moved connected from Trump, the New York Post connected Wednesday topped its communicative of his run announcement with a brutal headline, “Been there, Don That.” (By contrast, a front-page Post header past week heralded Florida Gov. Ron DeSantis arsenic “DeFuture,” aft the Republican cruised to a 2nd term.)

The pullback by immoderate donors shows that immoderate of the party’s elite figures are unfastened to alternatives 2 years retired from the adjacent statesmanlike election. Trump, who has relied connected a small-donor basal to substance his governmental ambitions, remains a formidable fundraising force. In an unprecedented move, helium ne'er stopped fundraising aft leaving the White House, and his array of governmental committees has amassed much than $100 cardinal successful currency reserves.

Trump is the archetypal large Republican campaigner to denote his candidacy. Over the weekend, DeSantis – a imaginable rival for the information – is slated to code 1 of the Republican Party’s astir influential donor groups erstwhile helium delivers a code astatine the Republican Jewish Coalition’s yearly gala dinner. Former US ambassador to the United Nations Nikki Haley, different Republican viewed arsenic a imaginable statesmanlike contender, besides is slated to talk astatine the Saturday nighttime lawsuit successful Las Vegas.

Trump remains a “big factor” successful Republican authorities and has earned accolades from conjugation members for his staunch enactment of Israel, said Matthew Brooks, RJC’s enforcement director.

But “people are window-shopping close now,” Brooks added. “There are radical who are asking if we request a caller absorption and a caller face.”

Brooks said Trump was invited to the RJC gathering but had a scheduling conflict.

CNN has reached retired to Trump aides for comment.

Schwarzman’s retreat from Trump is peculiarly important due to the fact that he’s 1 of the biggest donors successful Republican authorities and contributed $3 cardinal successful 2020 to a ace PAC supporting Trump’s unsuccessful reelection campaign.

In the midterms alone, Schwarzman donated much than $35 cardinal to Republican candidates and groups progressive successful national elections, according to OpenSecrets, a nonprofit radical that tracks governmental money.

“America does amended erstwhile its leaders are rooted successful contiguous and tomorrow, not contiguous and yesterday,” Schwarzman said successful his statement, archetypal reported by Axios. Schwarzman said helium would enactment 1 of the GOP’s “new procreation of leaders” but did not accidental whom helium is considering backing.

Another Republican megadonor, Citadel’s Ken Griffin, precocious indicated helium would backmost DeSantis successful 2024, should the Florida politician question the GOP nomination.

Lauder, a long-time Trump person and fiscal protagonist of Republican candidates and causes, has not indicated who would triumph his support.

This communicative has been updated with further developments.

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