![]() "There is not a conversation you have here, where I am not asked to handicap the election," Atlantic Council CEO Fred Kempe told CNBC at the meeting. Trump's surge in the polls and his dominance in the primaries was a constant theme of discussions at the World Economic Forum. This marked a shift from what the Blackstone CEO said in 2022, when he announced, "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." "I think we have to see what happens," Schwarzman said when asked whether he's going to back Trump again in 2024. Steve Schwarzman, CEO of Blackstone and a past Trump supporter, did not rule out when asked by CNBC at the elite conference in Davos, Switzerland, that he will go back to support the former president just two years after he said he was looking for alternatives. In 2020, Wall Street executives combined to donate more than $74 million to helping Biden defeat Trump. "The next question is, 'will Wall Street work to stop him in the general by supporting Biden?'" "I think most of them have resigned themselves to a Trump primary win and don't want to throw good money after bad trying to stop him, said Charles Myers, a former vice chairman at investment bank Evercore and a Biden fundraiser. Jeffrey Yass, a co-founder of trading firm Susquehanna International Group, has donated more than $15 million to PACs opposing Trump, according to data from the nonpartisan OpenSecrets. Out of more than $47 million donated by those working in the securities and investment industry toward Republicans so far this cycle, almost a third of that total has come from just one financial executive contributing to political action committees seeking to defeat Trump in the primary. That might be a good time for them to head back to Trump's corner. Others planning to intend the event privately conceded that if Haley struggled in New Hampshire, they believed the primary would be over for her. An outside effort "will not work against Trump," one of DeSantis' Wall Street fundraisers said. Others are sitting on the sidelines and refuse to fund anti-Trump efforts that would effectively support Biden, others said. The outreach appears to have worked: Many of those financiers are seriously considering whether, or have already decided, to help raise money for Trump over Biden, these people said. Ambassador Nikki Haley finished third in Iowa, but comes into New Hampshire with a solid base of support, although her path to the nomination remains murky at best.Īfter DeSantis came in a distant second to Trump in Iowa last week, several of DeSantis' Wall Street backers received calls from Trump allies, including from the former president's son, Donald Trump Jr., and Jets owner Woody Johnson, essentially recruiting them to Trump's team, according to people familiar with the matter. Ron DeSantis dropped out of the 2024 presidential race and endorsed Trump on Sunday after he was walloped during the Iowa caucuses. Personal Loans for 670 Credit Score or Lowerįlorida Gov. Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit ![]()
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