Archive Republican Allies Beg for Funds to Support Trump’s Presidential...

Republican Allies Beg for Funds to Support Trump’s Presidential Ambition


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Prominent Republican Chieftain, Carl Icahn has called on Senators and major republican donors to come to aid of the Republican Presidential candidate, Donald Trump for financial support to aid Trump’s presidential ambition.

He called on allies of Mr. Trump and senior party donors to come to Mr. Trump’s aid, despite a damaging series of post-convention controversies that have left some in the party ready to abandon him.

The goal is to persuade thousands of the party’s most reliable patrons to overcome their lingering objections to the candidate most of them never wanted, and to help defeat a Democrat most of them want even less.

In the coming weeks, Mr. Trump and other campaign officials will attend a string of high-dollar fund-raisers organized with the Republican National Committee, hitting the summer haunts of the well-to-do — from East Hampton to the California wine country — in a last-ditch effort to tap into the party’s vast financial reserves.

“It’s somewhat of a natural evolution with the donor base,” said Gaylord T. Hughey Jr., an energy industry lawyer who formerly backed Jeb Bush and is now helping lead Mr. Trump’s fund-raising in Texas.

“I think the traditional donor base was somewhat shocked by Trump’s nomination. They’re learning more about him, but they’re also focused on what the alternative is, and what the implications of the alternative are.”

Trump, a self-described billionaire who has spent months proclaiming his independence from the party’s traditional financial interests, now concede that they need mainline Republican donors to swing behind Mr. Trump so that he will have enough financial firepower to compete with Mrs. Clinton in the air and on the ground.

While Mr. Trump’s campaign has rapidly ramped up small-donor fund-raising, bringing in $64 million jointly with the Republican committee through digital and direct mail appeals in July, he is lagging behind Mrs. Clinton on larger checks, particularly the six- and seven-figure donations that wealthy donors make to party organizations.

Some Trump backers argue that despite his criticisms of Washington, Mr. Trump is likely to lean heavily on conservative think tanks and Republican-leaning trade associations to stock his administration. Others are urging their fellow donors to face the hard truth that Mr. Trump thumped the donor class’ preferred candidates and earned the favor of Republican voters. Now, they say, it is time for the donors to respect the voters’ wishes.

“In addition to fear of anti-free-market policies under a President Hillary Clinton, there’s a certain earned respect for Trump among these people,” said Kellyanne Conway, a senior adviser to Mr. Trump who is close to some of the party’s biggest donors. “The difference with some of these other successful people is respect for people who elevated him to the nomination.”


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