Report: Blistered By Scrutiny, Mercers Curtail Spending And Bail On Trump

WASHINGTON, DC - MARCH 23: Billionaire Robert Mercer speaks on the phone during the 12th International Conference on Climate Change hosted by The Heartland Institute on March 23, 2017 in Washington, D.C. (Photo by O... WASHINGTON, DC - MARCH 23: Billionaire Robert Mercer speaks on the phone during the 12th International Conference on Climate Change hosted by The Heartland Institute on March 23, 2017 in Washington, D.C. (Photo by Oliver Contreras/For The Washington Post via Getty Images) MORE LESS
Start your day with TPM.
Sign up for the Morning Memo newsletter

One of the consequential backers of President Trump’s 2016 campaign has bailed on team Trump, Vanity Fair reported.

According to sources familiar with the Mercer family’s activities who spoke to Vanity Fair, the Mercer family feels blistered by media coverage of their ties to President Trump and is less-than-satisfied by the work his administration has done the past two years.

In 2020, you likely won’t see Robert and Diana Mercer writing a $15.5 million check to various Trump platforms like they did last election cycle. The family also donated $1 million to Trump’s inaugural committee and pumped funding into the then-Steve Bannon run conservative news website, Breitbart.

So far, the family donated a meager $400,000 to the Great America PAC in 2018, according to the Center for Responsive Politics and only spent $2.9 million on political activities last year. That’s a far-cry from its $49 million venture in 2016.

According to Vanity Fair’s sources, the Mercer’s never fully embraced Trump, despite spending millions on his election. The family was primarily motivated by a desire to keep Hillary Clinton out of the presidency, Vanity Fair reported.

Read the full Vanity Fair report here. 

Latest News

Notable Replies

  1. They’ll be back. Count on it.

  2. Interesting dynamic. I think you’ll see a lot of Republican leaners bow out of 2020 on the excuse that Hillary was the reason they voted for Trump in 2016. Trump has become too toxic socially, politically and economically. But that doesn’t excuse the full racism on display that they all cheered or succumbed to.

  3. So, similarly we’d be encouraged when someone cuts down their contributions to the KKK by 90% year over year.

    Seems legit.

  4. Yep, like all the rich Mussolini enablers, is not that they actually liked him, they just wanted to keep the communists out, really…

  5. Mercer made his billions by applying mathematics to the stock market. That’s called a “hedge fund” and it is not investing. Unless you think playing the roulette wheel is also investing.

    Looking forward to the day when these ilk lose all of their money in their gambling habits.

Continue the discussion at forums.talkingpointsmemo.com

111 more replies

Participants

Avatar for playitagainrowlf Avatar for mondfledermaus Avatar for clemmers Avatar for commiedearest Avatar for maxwellsdemon Avatar for steviedee111 Avatar for rollinnolan Avatar for inversion Avatar for yskov Avatar for sickneffintired Avatar for jkrogman Avatar for cd Avatar for texastwostep Avatar for isakindamagic Avatar for clauscph Avatar for tsp Avatar for Ken_a_roni Avatar for jacksonhts Avatar for tiowally Avatar for tpr Avatar for thinski Avatar for eyeball Avatar for Hugh_Manzee Avatar for justruss

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: