Donald Trump Megadonor Abandons Him as He Predicts Collapse in Support
A top GOP donor who previously backed Donald Trump has announced that he will be supporting Ron DeSantis in the 2024 election.
Hal Lambert, founder and CEO of Texas-based Point Bridge Capital, said he wants to "do a lot to help DeSantis win" amid strong speculation the Florida governor will confirm his presidential campaign in the coming days.
Lambert, who set up an exchange-traded fund named after the former president's Make America Great Again 2016 campaign slogan, MAGA ETF, and previously served on Trump's inaugural committee in 2016, told the New York Post that he decided to back DeSantis after meeting with him and his wife in Florida three weeks ago.
Lambert said he was also put off by Trump's recent CNN town hall, where the former president continued to falsely claim the 2020 election was "rigged."
"What voters who didn't vote for Trump in 2020 are going to vote for him this time based on his performance? I don't think anyone will," Lambert told the Post. "We can't talk about things from four years ago that can't be changed. Trump is going to have a difficult time winning the general election. The election won't be about Joe Biden's bad record. It will be a referendum on Trump instead."
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