Billionaire GOP Donor Doesn’t Plan To Be Involved In 2024

- June 3, 2026
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A California technology company CEO has been arrested and charged with allegedly helping supply U.S.-made equipment to Iran’s nuclear and military establishment in violation of federal sanctions, the Justice Department announced Wednesday.

Jamshid Ghomi, 63, a dual U.S.-Iranian citizen who resides in Newport Coast, California, faces charges of conspiracy to violate the International Emergency Economic Powers Act (IEEPA), according to the Department of Justice.

Federal prosecutors allege that Ghomi procured and exported sophisticated U.S.-origin networking, security, and encryption equipment to customers in Iran, including organizations tied to the Iranian regime’s nuclear.

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons
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Tech billionaire Peter Thiel plans to keep his money out of politics during the next election cycle.

The major Republican donor has reportedly stated that he is upset with the party’s focus on “hot-button social issues.”

Mediaite reports:

“PayPal founder and Republican megadonor Peter Thiel has reportedly told associates that he won’t financially back any political candidates in 2024 because he has grown weary of America’s culture wars.

Reuters heard from sources close to Thiel who say he wants the GOP to focus on spurring innovation, competing with China, and other economic pursuits he has urged over the years. Since the end of 2022, however, Thiel has reportedly been displeased because Republicans would rather harp about abortion, transgender bathrooms and other cultural flashpoints, which he sees as a mistake.”

Per Open Secrets, Thiel spent over $35 million supporting Republicans in 2022, which was spread among 16 candidates at the federal level.

READ NEXT: Global Arms Spending At All-Time High Thanks To Russia And China

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Victoria Snitsar Churchill

Victoria Snitsar Churchill is a proud immigrant and naturalized U.S. citizen with a decade of experience in grassroots politics and community organizing.

Her writing has been featured in many online publications, including Campus Reform, The Daily Torch and The Daily Signal.

As an undergraduate at the University of Kansas, Victoria appeared in media outlets such as CBS News, TIME Magazine, The Washington Post Magazine, The Blaze and NRATV.

Victoria is also a former NCAA D1 student-athlete and Kansas College Republicans State Chair.

After moving eleven times in six years, Victoria resides in Arlington, Virginia and enjoys overpriced brunch on Sundays with her husband.

4 Comments
    SammysDad

    He’s right. The GOP is not a united party with RINOs and radicals bickering about issues that are not essential to the survival of our nation, both domestic and foreign. At this time, the Democrats are digging America into a hole we may never emerge from. Yet, there are people still vehemently supporting a party that obviously doesn’t care about all Americans and our Constitution. They only want total control over us starting with socialism, which is partly successful now, and eventually leading to the government having complete control of everyone’s life from birth to death.

      Kay

      We then back the true Republicans. President Trump stands for America. The RINOs have to go.

    Stephen Russell

    Thank U the Party is fossilizing & dated
    Too much DC Estd

    msgleo

    I agree but withe the leftists pushing trans fantasies on all of us, we need to push back to a common sense level to protect girls and women and their right to be safe in the bathroom.

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