• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Republican mega-donor to bankroll pro-Trump super PAC in 2024 rematch with Biden
Economy

Republican mega-donor to bankroll pro-Trump super PAC in 2024 rematch with Biden

by May 30, 2024
by May 30, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Former President Donald Trump is getting a major assist from a top Republican mega-donor as he works to close his fundraising deficit with President Biden in their 2024 election rematch.

Multi-billionaire Miriam Adelson, the controlling shareholder of the Las Vegas Sands gambling empire, plans to bankroll a pro-Trump super PAC called Preserve America, a source with knowledge of her plans confirmed to Fox News.

The super PAC was set up during Trump’s unsuccessful 2020 re-election bid and is being re-launched to help the former president try to win back the White House in 2024.

Adelson and her late husband, casino magnate Sheldon Adelson, shelled out roughly $90 million to Preserve America four years ago. The source confirmed that the super PAC plans to increase its expenditures from what it spent in 2020 on behalf of Trump.

Adelson, who is the largest single owner of Las Vegas Sands and a majority stakeholder in the Dallas Mavericks professional basketball team, is also a physician and philanthropist. She has a net worth of $33.3 billion, according to the Bloomberg Billionaires Index, or $29.5 billion, according to Forbes.

Trump has been working for months to win over Adelson, who remained neutral during the 2024 GOP presidential primaries. He met with her twice last year at his Mar-a-Lago club in Palm Beach, Florida, and in Las Vegas, Nevada, as he attended the Republican Jewish Coalition’s annual leadership conference. Trump also dined with her in March at Mar-a-Lago and has spoken with her by phone a handful of times, sources confirm.

Adelson becomes the latest Republican mega-donor to financially support Trump. 

Last week, Blackstone CEO Steve Schwarzman said he would back the former president after previously calling for a ‘new generation of leaders’ for the GOP.

Trump has been aiming to close his fundraising gap with Biden, and in April his campaign and the Republican National Committee for the first time outraised the Biden campaign and the Democratic National Committee.

While Trump has stepped up his fundraising, the Biden campaign still enjoyed an $84 million-to-$49 million cash-on-hand advantage at the end of April.

Preserve America will be steered by longtime Republican consultant Dave Carney. The hard-charging New Hampshire-based strategist has worked on numerous GOP presidential campaigns over the past four decades and for years has served as a top adviser to three-term Texas Gov. Greg Abbott.

‘Joe Biden is ruining our country with high prices, open borders and weakness abroad,’ Carney argued in a statement. ‘We’re going to do everything we can to stop him and return President Trump to the White House to put America First once again.’

During the 2020 cycle, the super PAC was run by Chris LaCivita, another veteran Republican strategist who currently serves as a top adviser on Trump’s 2024 presidential campaign.

Preserve America will become one of a handful of pro-Trump super PACs. The main super PAC has been MAGA Inc., which is being overseen by Trump ally and former adviser Taylor Budowich.

This post appeared first on FOX NEWS
You Might Also Like
  • Biden snubbed by House Democrats as they skipped speech for DC concert
  • What kind of justices would President Kamala Harris appoint?
  • Border Patrol Union blasts ‘clown’ Kamala Harris, Biden’s handing of immigration after surge of migrants
  • Trump expected to slam Harris on 3rd anniversary of deadly Afghanistan attack that killed 13 Americans
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Bipartisan criticism targets Biden for his lack of ‘moral clarity’ on Taiwan
next post
From Summer Doldrums to Year-End Surge: How to Profit from Seasonal Trends in Precious Metals and Bitcoin

You may also like

Former Proud Boys leader Enrique Tarrio sentenced to 22 years...

September 6, 2023

State Department criticizes Israel’s attempts at ‘mitigating civilian harm’ in...

May 11, 2024

GOP senators push bill requiring Biden declassify all US intelligence...

February 28, 2023

DeSantis targets Biden in swing state Pennsylvania, says Democratic Party...

April 2, 2023

Trump campaign fires back at GOP opponent trying to bait...

July 17, 2023

Haley takes stage to mixture of cheers and boos at...

July 17, 2024

In strange game of politics, both Trump and Biden’s fortunes...

July 15, 2024

Mideast oil powerhouse bans Russian ‘shadow fleet’ vessels that seek...

August 14, 2024

Amal Clooney played key role in ICC arrest warrants for...

May 20, 2024

Trump catches up to Biden in cash dash, but can...

June 21, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

      June 20, 2025
    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,875 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Oil prices rise more than 1% as Israel vows to...

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New...

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year,...

      June 20, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    House GOP members introduce bill to...

    October 16, 2023

    Fox News Poll: Voters blame Hamas...

    November 16, 2023

    Democrat congresswoman lashes out at Biden...

    August 1, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here