BY Staff WritersNovember 28, 2023
3 months ago

Major Republican donors return to Trump for 2024

Recent developments in the political landscape have seen a notable shift among major Republican donors.

Oil mogul Harold Hamm and Home Depot co-founder Bernie Marcus, who had previously expressed reservations about former President Donald Trump, are now amongst those endorsing his bid for a second term in office.

After initially distancing themselves from Trump following the 2020 election and the events of Jan. 6, 2021, several prominent financiers have now aligned themselves with his 2024 presidential campaign. This change marks a significant reversal in the sentiments of these influential figures within the Republican Party.

Donors Reassess Political Landscape

In March 2023, these shifts in support were manifested through donations to other Republican candidates. Both Marcus and Hamm contributed to the campaigns of Nikki Haley and Ron DeSantis, signaling a potential distancing from Trump. However, as the 2024 election cycle neared, there was a discernible change in their political investments.

Months ago, Hamm participated in a private meeting at Mar-a-Lago, Trump's Florida estate. This meeting seemed to have been a turning point, as evidenced by Hamm's subsequent actions. In November, he donated $200,000 to a pro-Trump super PAC, clearly indicating his renewed support for Trump's candidacy.

The reasons behind this shift appear to be multifaceted. For many of these donors, the prospect of a second term for President Joe Biden has become a significant concern. They view Trump as the inevitable GOP nominee and the only viable option to prevent a Biden re-election.

Endorsement Despite Concerns

Marcus, in an op-ed for Real Clear Politics, articulated his stance, acknowledging the frustrations some Republicans have with Trump's behavior and rhetoric. Yet, Marcus expressed his inability to disregard what he perceives as Trump's "excellent stewardship" during his presidency.

According to GOP strategist Charlie Kolean:

While Trump may have not been some Republicans' first choice for 2024, many are coming back on board because the risk of Joe Biden being a two-term president is just too high.

This sentiment reflects a broader realignment within the GOP donor base as Republicans grapple with the party's direction and leadership heading into the next presidential election.

Strategic Considerations for the GOP

Other donors, like former ambassador Don Tapia, view the 2024 election cycle as an opportunity for potential GOP challengers to gain experience for future elections. According to Tapia, the current slate of candidates is perceived more as participants in a "training session," with Trump being the prominent figure in the race.

Current polling data underscores this perspective. Nikki Haley and Ron DeSantis, despite their political clout and early campaign efforts, are trailing Trump by more than 20 points in the race for the nomination. This gap demonstrates Trump's enduring influence within the Republican base.

Haley, interestingly, has shown the strongest numbers against Biden in a head-to-head matchup. However, her current standing in the Republican primary suggests a challenging path to the nomination.

Political Dynamics Leading to 2024

The events leading up to this realignment among GOP donors have been a mix of political tumult and strategic calculations. The 2020 election loss for Trump, followed by the January 6th Capitol riot, initially led to a distancing from Trump by several donors.

However, as the 2024 election cycle draws closer, with the Iowa caucuses and the official start of the election season just two months away, these donors have reassessed their positions. The political landscape has evolved, with many now viewing Trump as their best chance to regain the White House.

The shift in donor support reflects a broader trend within the Republican Party as it navigates its future and identity in the wake of Trump's presidency and the ensuing political fallout.


  • Several prominent Republican donors initially distanced from Trump post-2020 election but are now backing his 2024 bid.
  • Donors like Harold Hamm and Bernie Marcus see Trump as the GOP's inevitable nominee and a counter to a potential Biden second term.
  • Despite concerns, the strategic imperative to prevent a Biden re-election has realigned donor support towards Trump.

Please share this article on Twitter and Facebook to spread the word about the changing political dynamics within the Republican Party as the 2024 election approaches.

Written by: Staff Writers



Squad Members Recorded Making Secret ‘Human Rights’ Trip To Cuba

In a clandestine move, two prominent House progressives ventured to Cuba, igniting a firestorm of criticism. In a secretive expedition laden with controversy, Representatives Ilhan…
33 mins ago
 • By Staff Writers

Trump Judge Sent White Powder That Arrived At Supreme Court

Amid a whirlwind legal battle, Donald Trump's team commits to a $100 million bond, challenging a hefty New York fraud case judgment. In an unfolding…
39 mins ago
 • By Staff Writers

Nikki Haley’s Campaign Implodes As Records Show She Spent Over $76M To Lose To Trump

In a staggering show of financial might and political determination, former South Carolina Gov. Nikki Haley invested over $76 million in an ultimately fruitless battle…
1 hour ago
 • By Staff Writers

Speaker Johnson Officially Moves To Give Lawmakers Time To Pass Appropriations Bills

In an effort to prevent an impending financial crisis, Speaker Mike Johnson has put forward a temporary measure aimed at giving Congress additional time to…
2 hours ago
 • By Staff Writers

Biden Loses 100K Votes In Michigan As Campaign Takes Brutal Hit

President Joe Biden encountered a notable hurdle in the Michigan primary, a setback that might signal challenges for his reelection campaign. A significant number of…
2 hours ago
 • By Staff Writers


We publish the objective news, period. If you want the facts, then sign up below and join our movement for objective news:



    Get news from American Digest in your inbox.

      By submitting this form, you are consenting to receive marketing emails from: American Digest, 3000 S. Hulen Street, Ste 124 #1064, Fort Worth, TX, 76109, US, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact.
      Christian News Alerts is a conservative Christian publication. Share our articles to help spread the word.