New York, Date - Billionaire hedge-fund manager Ken Griffin has recently announced his support for Nikki Haley as she enters the race for the Republican presidential nomination, challenging Donald Trump. Griffin's spokesperson, Zia Ahmed, confirmed that he made two substantial contributions, totaling $5 million, to a super PAC supporting Haley's campaign in December and January.
Haley faced a setback in the Iowa caucuses, finishing third behind Trump and Florida Gov. Ron DeSantis. Nevertheless, Griffin's donations indicate his confidence in her candidacy. While it remains uncertain if Griffin will continue his support, Haley remains determined to forge ahead in the race, even after suffering double-digit losses to Trump in New Hampshire.
Despite the challenging road ahead, Haley believes that her performance thus far demonstrates her strength as a candidate. She is determined to compete in her home state of South Carolina on Feb. 24, and has planned a series of fundraisers in the coming weeks to bolster her campaign.
Griffin acknowledged that the path to securing the nomination has grown narrower in recent weeks. However, his endorsement and financial backing are expected to provide Haley with a much-needed boost as she continues her bid for the presidential nomination.
Griffin's Support for Former UN Ambassador as Presidential Candidate Declines
In a surprising turn of events, leading philanthropist Griffin has decided to shift his focus away from the 2024 presidential race and instead concentrate on supporting U.S. House and Senate candidates who prioritize economic freedom and a strong defense of America. Although Griffin had previously voiced admiration for former United Nations ambassador, he has chosen to withhold his support in favor of other elections.
While Griffin commends the foreign-policy expertise and policy priorities of the former ambassador, he believes that his resources would be better utilized in bolstering candidates in Congress. This decision comes after closely observing the attempts of various candidates to challenge the former president, with whom Griffin shares aligned fiscal policies.
Initially anticipated to back DeSantis, Griffin's support wavered due to concerns surrounding certain policies related to gender and sexuality education in Florida schools, as well as ongoing conflicts with Disney. As a result, any contributions to DeSantis were not forthcoming, leaving room for other contenders to step forward on Griffin's radar.
In conclusion, Griffin's redirection of support signals a departure from the 2024 presidential race and highlights his commitment to strengthening the positions of like-minded candidates in Congress.
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