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Home Politics

Wall Street execs host DeSantis fundraising events in bid versus Trump

INBV News by INBV News
September 13, 2023
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Wall Street execs host DeSantis fundraising events in bid versus Trump
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Republican U.S. presidential candidate and Florida Governor Ron DeSantis speaks during his “Never Back Down” tour ahead of his appearance on the Iowa State Fair, in Atlantic, Iowa, August 11, 2023.

Scott Morgan | Reuters

Florida Gov. Ron DeSantis is popping to a bunch of executives from Wall Street and a top lawyer for a fundraising boost as he goals to shut the gap on Donald Trump within the race to be the Republican nominee for president, in keeping with invites to 2 upcoming events in Latest York.

DeSantis might be hosted at a fundraising breakfast on Thursday in Latest York by at the least seven wealthy executives, in keeping with one invite.

The hosts include longtime attorney William Burck, David Blumberg, the founding father of Blumberg Capital, Steve Hornstein, an executive at investment advisory firm Global Credit Advisers, and Mark Gerson, the co-founder of monetary information services company Gerson Lehrman Group, in keeping with the invite.

Burck has previously represented former Trump advisors while they faced legal hurdles, including Steve Bannon and former Secretary of State Mike Pompeo.

DeSantis’ fundraising trip to Latest York comes as he’s lagging the previous president in polls. Trump is favored within the Republican primary with 62% support, followed by DeSantis at 12%, in keeping with a recent Quinnipiac poll.

Later Thursday, DeSantis might be at a lunch hosted by Emil Henry, the CEO of personal equity firm Tiger Infrastructure Partners, in keeping with one other invite.

CNBC Politics

Read more of CNBC’s politics coverage:

Henry is a longtime Republican Party fundraiser and was an advisor to Sen. Mitt Romney’s 2012 campaign for president, in keeping with NBC News. He also worked because the assistant secretary of the Treasury during President George W. Bush’s administration.

Tickets to be considered a “host” for the breakfast are going for $11,600 per person, the invite says. The invite lists a suggested minimum contribution of $1,500 to get into the event. The lunch is charging $11,600 per person to get into the event and be on the “host committee,” in keeping with the invite. Attendees may also give $3,300 as an alternative to attend.

The cash raised for each events goes to be split through a DeSantis joint fundraising account between the campaign and a leadership political motion committee called the Great American Comeback, in keeping with the invites. That leadership PAC has not raised any money this cycle, in keeping with Federal Election Commission filings.

An individual aware of the events told CNBC that the 2 Latest York gatherings, together with one other going down on Wednesday in Connecticut, are set to boost a combined $1 million for DeSantis’ political operation. About 50 persons are set to attend each of the Latest York events. This person declined to be named in an effort to speak freely concerning the private events.

DeSantis’ campaign raised over $20 million within the second quarter and burned through $7 million, taking the campaign into the third quarter with about $12 million readily available, in keeping with FEC records. Trump’s campaign raised about $17 million over that very same time period but went into the third quarter with over $22 million readily available.

A DeSantis campaign spokesman didn’t return a request for comment before publication.

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