Donald Trump faces a cash crunch as he tries to defend himself in court, lock down the GOP and turn to a general election vs. increasingly money-flush Joe Biden.
(Bloomberg) Blackstone’s Stephen Schwarzman and Pershing Square Capital Management’s Bill Ackman were among the Wall Street donors who underwrote former New Jersey Governor Chris Christie’s unsuccessful campaign against Donald Trump for the Republican nomination.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyByron Allen’s Latest Takeover Bid: Paramount for $14 BillionStock
Republican Lt. Gov. Mark Robinson remained the top fundraiser in the GOP primary campaign for North Carolina governor entering 2024, but a recent rival has used his own personal fortune to compete with him monetarily. Robinson's campaign said it raised close to $3.4 million for the second half of 2023, according to campaign finance reports due late last week at the State Board of Elections. Bill Graham, a Salisbury trial lawyer who announced his bid for the Republican nomination in October, loaned his campaign $2.8 million of the $2.9 million it had collected through Dec. 31, his campaign's report said.