Saturday, April 27, 2024

Top Trump Mega-Donor Jumps Ship, Will Support DeSantis In 2024

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Florida Gov. Ron DeSantis is hitting the campaign trail running…

Despite his previous support of , Hal Lambert, who founded Point Bridge Capital – also known as “MAGA ETF” is betting against Trump in this election.

“I'm in for DeSantis this time — I plan to do a lot to help DeSantis win,” Lambert told the Post prior to DeSantis joining the race. “Ron is good at giving a message.”

Lambert served on Trump's inaugural committee in 2016. His issue with Trump for 2024 is that the former president is too focused on the results from 2020.

“We can't talk about things from four years ago that can't be changed,” Lambert said. “Trump is going to have a difficult time winning the general election. The election won't be about 's bad record. It will be a referendum on Trump instead.”

Lambert founded Point Bridge Capital as an exchange-traded fund that invests only in companies with employees and political action committees (PACs) that support Republican candidates. 

The Republican donor noted that immigration is set to be a major focus for Americans during the campaign cycle and Trump's inability to fulfill his campaign promises could come back to haunt him.

“With millions of illegals from all over the world swarming across the border under Biden, it's an everyday reminder that Trump didn't fulfill his number one campaign promise — building a wall and having Mexico pay for it,” Lambert said. “We got neither and our country will forever be changed.”

Lambert also noted that Trump's inability to serve two terms in the White House effectively makes him a lame duck president.

“I think Donald Trump should drop out the race, quite frankly, for the better of the country,” Lambert added of the GOP front-runner. “I think he should drop out of the race.”

DeSantis is expected to launch his highly-anticipated presidential campaign on Wednesday alongside Twitter owner . (RELATED: DeSantis To Launch Presidential Bid Alongside Elon Musk)

The popular governor joined a growing list of primary challengers.

Earlier this week Sen. Tim Scott (S.C) announced his bid for the White House. Former United Nations ambassador Nikki Haley, tech mogul Vivek Ramaswamy, and former Arkansas governor Asa Hutchinson have also jumped into the race. Conservative commentator and former gubernatorial candidate Larry Elder also recently announced his candidacy for president.

Former president Donald Trump has consistently dominated since announcing his third presidential campaign.

READ NEXT: Walz Expected To Sign Measure Giving Presidential Electors To Winner Of National Popular Vote

Nancy Jackson
Nancy Jackson
Nancy grew up in the South where her passion for politics first began. After getting her BA in journalism from Ole Miss she became an arts and culture writer for Athens Magazine where she enjoyed reporting on the eclectic music and art scene in Athens, GA. However, her desire to report on issues and policies impacting everyday Americans won out and she packed her bags for Washington, DC. Now, she splits her time between the Nation’s Capital and Philadelphia where she covers the fast-paced environment of politics, business, and news. In her off time, you can find Nancy exploring museums or enjoying brunch with friends.

3 COMMENTS

  1. I too support Ron DeSantis—for the 2028 campaign not 2024. Go Donald J. Trump let’s finish the job of making America great again!

    • I too support Mr. Trump. If only he would cease the childish smear-epithets like ‘DeSanctimonious…’ Neither presidential nor proper…I thought they were friends?

  2. Trump is our last hope, we have no one with the balls to challenge the illegally in power communist dictatorship of human scum and their one party propaganda news outlets which are 98% of the news we are fed which of course are all lies.

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