Skepticism Arises as Ken Griffin Questions Nikki Haley's 2024 Run, Despite a Generous $5M Contribution to Her Campaign

Skepticism Arises as Ken Griffin Questions Nikki Haley's 2024 Run, Despite a Generous $5M Contribution to Her Campaign

  • 31.01.2024 18:01

In a surprising turn of events, hedge fund billionaire Ken Griffin has expressed skepticism about Nikki Haley's potential success in the 2024 presidential race, despite having generously donated $5 million to a super PAC supporting her candidacy. Griffin, in an interview with CNBC, stated that the path to the White House for Haley has become more challenging in recent weeks, emphasizing concerns about Trump's behavior but acknowledging a perceived sense of greater global security during his presidency.

While the 2024 election is shaping up to be a showdown between Donald Trump and Joe Biden, Griffin did not disclose his second-choice candidate behind Haley. Despite his significant financial backing for the pro-Haley super PAC, Griffin questioned whether Haley could surpass Trump, whom he referred to as "the martyr right now." He highlighted the public's desire for a president perceived as more powerful and in charge, making it a difficult hurdle for Haley to overcome.

Griffin, who has contributed a total of $5 million to support Haley, expressed a preference for Trump's policies during his four years in office, stating that they were "really good policies for America." Despite his reservations about Haley's chances, Griffin announced his commitment to actively supporting House and Senate candidates prioritizing economic freedom and a robust defense of America.

Haley remains determined to continue her campaign until at least the primary in South Carolina on Feb. 24, where she previously served as governor from 2011 to 2017. Griffin praised Haley's poise, foreign policy experience, and ability to unite the country but questioned whether these qualities would be sufficient for success in South Carolina and beyond. Griffin emphasized the need for the next commander-in-chief to demonstrate strength and commitment to allies, particularly in the face of global conflicts such as the situation in Ukraine and the Middle East.

Amidst the political crossfire, hedge fund magnate Ken Griffin remained elusive about redirecting his endorsement to Donald Trump in a potential face-off against Joe Biden. When questioned, Griffin echoed the sentiment of many Americans, stating, “I would probably be where the prior group said 70% of Americans don’t want the matchup. I’m in the 70%.” Despite his reluctance to disclose his voting preference between Trump and Biden, Griffin emphasized his refusal to stay "uninvolved" in politics.

While Griffin commended Pennsylvania GOP Senate candidate Dave McCormick, a former Bridgewater Associates chief executive, he steered clear of revealing his choice between the two major contenders. Citadel, Griffin's firm, declined to provide any comments on the matter. The recent declaration by Trump on Truth Social, proclaiming that contributors to Nikki Haley would be "permanently barred from the MAGA camp," further heightened tensions. Trump, referring to Haley as "Birdbrain," expressed frustration with her refusal to step down after his substantial victory in the New Hampshire primary.

Initially declaring his intention to stay "on the sidelines" for the 2024 election cycle, Griffin's snub towards Florida Gov. Ron DeSantis, who withdrew from the race, raised eyebrows. Trump intensified his attacks on Haley, seemingly irritated by her persistence in the race. The Trump campaign strategically showcased endorsements from over 150 current and former South Carolina officials, aiming to solidify its advantage in the state.

Haley's campaign, backed by substantial contributions from notable figures like Reid Hoffman and Charles Koch, has encountered challenges despite raising around $50 million in the second half of 2023. An event in New York City hosted by influential figures, including Leonard Stern, Cliff Asness, Stanley Druckenmiller, Ken Langone, and Henry Kravis, sought to bolster Haley's financial standing. However, these efforts have yet to significantly sway GOP voters, as Trump maintains a firm grip on the party's support.

In the ever-evolving political landscape, the uncertainty surrounding Ken Griffin's potential endorsement and the intensifying dynamics between Donald Trump and Nikki Haley underscore the complexities of the 2024 presidential race. Griffin's reluctance to align with either candidate reflects a broader sentiment among Americans, highlighting the polarization that has characterized the political arena.

The backdrop of Trump's forceful declaration on Truth Social, coupled with Griffin's critique and Trump's mounting attacks on Haley, paints a vivid picture of the power struggles within the Republican Party. Griffin's initial decision to stay on the sidelines, the strategic endorsements by the Trump campaign, and Haley's significant fundraising efforts illustrate the high stakes involved in securing political support.

As the campaigns unfold, the clash between established political figures and emerging contenders continues to shape the narrative. The infusion of financial backing from influential figures adds another layer of complexity, yet the impact on GOP voters remains uncertain. Ultimately, the conclusion of this political saga hinges on the ever-shifting dynamics and the ability of candidates to navigate a landscape where alliances, endorsements, and financial support play pivotal roles in determining the path to victory.