The Damage Report
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GOP Donor Drops REALITY CHECK On Party Downfall As Voter Anger Grows
Posted
May 9, 2026
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8:07Now PlayingGOP megadonor and billionaire Ken Griffin throws in the towel on Republicans for midterm success as voters reveal just how bad things have become for them under Donald Trump. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
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GOP Megadonor Throws in the Towel on Republicans Holding House in Midterms‘Almost a Certainty’ That Dems Win
"Billionaire GOP megadonor Ken Griffin has thrown in the towel on Republicans holding the House in this year’s midterm elections, calling it “almost a certainty” that democrats will win.
Griffin, who is the founder of Citadel, told CNBC’s Sara Eisen that the American people have “had it” when it comes to inflation.
“Now [Donald] Trump is president, people want to see that return to having more purchasing power at the cash register,” he said. “If you look at the price of eggs, you look at the price of fast food, you look at the price of housing, you look at the price of almost anything in life, it’s materially higher than it was seven years ago. And so when gasoline prices go higher, I think it’s really triggering to the American people that the inflation genie is back out of the bottle again, and I think Trump has to deal with that reality that the American people have just had it when it comes to inflation. Unfortunately, I think he is being disproportionately blamed for the diminution of purchasing power, the story of which was really written during the pandemic days of the Biden administration."
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