Wealthy Donors Are Saving Their Cash Until A REAL Challenger Emerges To Defeat Trump

Many wealthy Republicans fall into the "anybody but Trump" camp, but they are struggling to find someone that can actually defeat him. According to new reports, these donors have now decided to just sit on their cash instead of passing it around to various campaigns, because they want to see if a real challenger against the former President emerges. They may be sitting for a while, as the latest polls show that Trump has the nomination locked up. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

According to new reports, Republican donors have decided that maybe their best course of action for the Republican primary is to sit and wait and do nothing. Which ironically is of course the strategy that Mitt Romney suggested last week that I, you know, poo-pooed. But apparently donors in the Republican party think, you know what? Not a bad idea. According to David Drucker, political journalist who spoke on M S N B C earlier this week, many, many Republican donors that he has talked to have decided that their best course of action right now is to essentially keep their powder dry, which means we're not gonna give any money to anybody until someone in that overcrowded Republican field actually emerges as a real challenger to Donald Trump. And if that doesn't happen, we're not giving any money to anybody. Lemme read you what Drucker said. I spoke to three Republican donors last week who jumped in early for Nikki Haley.

But when I checked with them about their colleagues, other wealthy Republican donors, the kind that write big checks, uh, to Super pacs, and I said, where are they right now? And where they are is different than donors. In 2016, the last open primary, in the last open primary, you had donors picking their favorite candidate, knowing even if it wasn't their horse that won in the end, they were going to be able to get behind the eventual nominee and be happy about it. This time, the broad consensus among Republican donors is that they don't want anybody other than Trump or is that they want anyone other than Trump, sorry. And a lot of them are going to wait to see if one emerges. They don't want to contribute to a split field, even though there is a split field without 'em. But they don't wanna give anybody false hope and financial life in this race keeping them around.

So the field continues to stay split. What they're hoping is that over time, a sort of consensus alternative emerges. Again, they don't care so much necessarily whether they like the Republican that emerges in that position. They just want someone to emerge and they'd get behind him and hope they can do some damage. So it's not so much that they agree with Mitt Romney's approach. What they actually agree with is my approach to MIT Romney's approach my solution to his idiotic approach. I made it good. And these Republicans are basically saying the same thing like Mitt Romney gave them till the end of February, you know? And then at that point, if your person's not doing well, stop giving 'em money. I said, stop giving 'em money right now. And that's what they're doing. So little Pat on the back for me there. But either way, this is a smart strategy because you do have a lot of Republican donors out there that have made it clear, we are not going in for Trump. They'll eventually, if he's the nominee, go in for Trump. They said the same thing in 2016. They said the same thing in 2020. By the way, they'll all eventually fall in line for Trump, including most of the never Trump Republicans. But either way, they're