January 18, 2024

Haley Donors Reportedly Plan to Switch to Trump if She Loses New Hampshire

Several major donors who have supported former United Nations Ambassador Nikki Haley are expressing concerns and considering a shift in allegiance to former President Donald Trump if she fails to secure a victory in the New Hampshire primary.

These donors, in discussions with CNBC, conveyed a sense of growing urgency following Trump's substantial win in the Iowa caucuses.

Nearly unanimous in their sentiment, the donors believe that unless Haley manages an unexpected triumph or a very close second-place finish, her prospects in the primary race will be severely compromised.

Andy Sabin, a prominent Haley donor based in New York, acknowledged the daunting challenge facing Haley, stating, "As much as I like Haley, I don’t even know what Trump could do to stop himself right now."

Sabin, who had previously indicated a reluctance to contribute to Trump, has reconsidered, recognizing Trump as a potentially viable choice.

The pivotal importance of the New Hampshire primary was emphasized by multiple donors, asserting that a victory in the state, where Haley's polling is relatively strong, could significantly prolong the primary season.

Eric Levine, an attorney and bundler for Haley, emphasized the critical nature of New Hampshire, stating, "If she wins there, and she can, it will be a long primary season."

However, not all donors remain optimistic about Haley's chances. A former Haley donor and investment banking executive expressed a loss of confidence in the South Carolina Republican, now convinced of Trump's probable success in both the GOP primary and general election.

Haley faced a setback in the Iowa caucuses, falling short of the anticipated second-place finish. Trump secured a commanding 51% of the vote, with Haley trailing at 19.1%, failing to win in any of the 99 counties.

Current polls for New Hampshire project a challenging scenario for Haley, with Trump maintaining a 13-point lead in the state where she polls highest, according to the latest FiveThirtyEight average.

The twist adds to growing momentum for Trump after his Iowa win, with the potential to mark an early victory with a big win in New Hampshire.

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