

Their view is he’s taken “major hits” during the Jan. 6 hearings, and none are coming to defend him.

By Brian Schwartz
Political Finance Reporter
CNBC
Support from some of the Republican Party’s biggest donors for a 2024 White House run by former President Donald Trump is dwindling, especially after damaging new details of his actions on Jan. 6, 2021, were revealed at a hearing Tuesday by the House select committee investigating the attack on the U.S. Capitol.
Republican financiers and their advisors have been privately meeting since the committee started to release the initial findings of its probe in a series of public hearings earlier this month, according to interviews with top GOP fundraisers who have helped the party raise millions of dollars. Most of the people asked not to be named because they didn’t want to provoke retribution from Trump or his allies.
The people have been discussing the November midterms and who they’re going to support in 2024. One name that doesn’t often get brought up as a potential presidential candidate is Trump, these people explained.
“Donors are very concerned that Trump is the one Republican who can lose in 2024,” Eric Levine, an attorney and longtime GOP fundraiser, said after the hearing Tuesday featuring testimony from former White House aide Cassidy Hutchinson. “I think donors were already moving away from Trump,” he noted. Levine is co-hosting a fundraising event for the Trump-endorsed former TV host and current Pennsylvania Senate candidate Dr. Mehmet Oz in New York in September, according to an invitation reviewed by CNBC.
For Trump, it’s a similar theme to his first run for president. At that time, many corporate business leaders backed other Republican candidates like Jeb Bush early on in the race only later to back Trump when it was obvious he was going to capture the nomination.