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Billionaires Seek To Pick Trump’s Vice President

Business Leaders and Donors Influence Trump’s Vice Presidential Search

As the Republican National Convention approaches, former President Donald Trump finds himself under significant influence from both corporate leaders and wealthy donors regarding his choice of a running mate. High-profile figures like Rupert Murdoch, Ike Perlmutter, and Larry Ellison have all suggested their preferred candidates, reflecting the substantial interest and stakes involved in Trump’s vice presidential selection, according to CNBC.

According to sources familiar with the discussions, these influential figures are not merely offering suggestions; they are advocating for candidates who could favor policies beneficial to their respective industries. For instance, Perlmutter has expressed support for Rep. Elise Stefanik, while Murdoch’s preference leans towards Virginia Gov. Glenn Youngkin, and Ellison has pitched Sen. Tim Scott. This blend of personal preference and strategic consideration underscores the complex dynamics at play within the GOP as it gears up for the upcoming election.

The influence of these donors is profound, given their ability to sway policies and their crucial role in fundraising. Donors are looking for a vice presidential candidate who is not only politically viable but also capable of aiding Trump in policy implementation that aligns with their business interests. This includes concerns over trade policies and tariffs, which are particularly pivotal for donors within the tech and manufacturing sectors.

The selection process is further complicated by the need for a running mate who can assist in fundraising efforts. Trump’s campaign has lagged behind President Joe Biden’s in terms of fundraising, making the financial clout of the vice presidential pick a critical factor. Candidates like Rubio, Stefanik, Scott, and Burgum are considered valuable not only for their political acumen but also for their connections to wealthy benefactors and potential new donors.

Moreover, the quest for a loyal vice president plays a significant role in Trump’s decision-making. Following his experience with former Vice President Mike Pence, who refused to block the certification of the 2020 election results, Trump is likely seeking a candidate who will demonstrate unwavering loyalty.

As Trump faces legal challenges and prepares for the possibility of another presidential term, the interactions and preferences of these powerful donors offer a glimpse into the behind-the-scenes maneuvering that could shape the future of the Republican Party and U.S. national policies.