Trump Loses Massive Endorsement

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

A Republican megadonor who markets his desire to “Make Investment Great Again,” and runs a “Make America Great Again” ETF is turning his support to Florida Gov. Ron DeSantis (R).

Hal Lambert, the founder of Point Bridge Capital who also served on Trump’s 2016 inaugural Committee, told The New York Post, “I’m in for DeSantis this time.”

He added he would “do a lot to help DeSantis win” despite DeSantis having yet to announce a 2024 White House bid formally.

In a statement to Newsmax, Bryan Griffin, press secretary for DeSantis’ political team, claimed that Lambert’s support proved large donors were “impressed” by the Florida Governor and “support him in bringing his successes to the national stage.”

Lambert’s MAGA ETF is an exchange-traded fund that invests in companies that support Republicans.

Lambert told the Post that dinner with DeSantis and his wife, Casey DeSantis, three weeks ago in Florida impressed him enough to get his endorsement.

Lambert praised the Florida Governor for being “good at giving a message,” while describing Casey DeSantis as “amazing” and “a real asset.”

The GOP megadonor also expressed fears Trump wouldn’t be able to flip support after the 2020 presidential election cycle, adding that he didn’t want the GOP nomination to be anything more than a referendum on President Joe Biden.

Lambert questioned which “voters who didn’t vote for Trump in 2020” would flip “based on his performance?” asserting he didn’t think anyone would.

“We can’t talk about things from four years ago that can’t be changed,” the donor continued, insisting the 2024 election cycle would be “difficult” for Trump, claiming, ” The election won’t be about Joe Biden’s bad record. It will be a referendum on Trump instead.”