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Trump courts donors with eye on 2020 - Source Politico

Posted on Mar 03,2017
Filed Under Local Politics , Politics,

A top aide said President Donald Trump treats fellow billionaires and businessmen, like Sheldon Adelson and Steve Schwarzman, as his equals in a way that past presidents could not. - Getty

Source Politico


Candidate Donald Trump waged a bitter fight with some of the Republican Party’s biggest donors, but President Trump is assiduously courting some of those same donors as he tries to consolidate control of his party and begins preparing for an expensive reelection campaign in 2020.

This Friday evening, Trump is set to speak in Palm Beach to a retreat for the Republican National Committee’s most generous donors. On Thursday evening, Trump's Education Secretary Betsy De Vos made a personal appearance at a Washington gathering of mega-donors organized by a political operation fronted by hedge fund billionaire Paul Singer and his allies.

Perhaps no single contributor embodies Trump’s turnabout as much as Singer, whose announcement of support for Marco Rubio in the 2016 GOP presidential primary prompted Trump to suggest he didn’t want Singer’s support, and to ominously warn of a “lotta controversy with Mr. Singer.”

Singer, in turn, donated $5 million to pro-Rubio super PAC and then another $2.5 million to an anti-Trump PAC after Rubio dropped out of the race, and warned that, if Trump pursued anti-trade policies as president it would be “close to a guarantee of a global depression.”

Source Politico

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