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New York - Billionaire Republican Donors Urge Kochs To Back Trump

Published on: July 28, 2016 08:41 PM
By: Reuters 
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FILE - Businessman David Koch arrives at the Metropolitan Museum of Art Costume Institute Gala 2015 celebrating the opening of "China: Through the Looking Glass," in Manhattan, New York May 4, 2015.   REUTERS/Lucas Jackson/File PhotoFILE - Businessman David Koch arrives at the Metropolitan Museum of Art Costume Institute Gala 2015 celebrating the opening of "China: Through the Looking Glass," in Manhattan, New York May 4, 2015.  REUTERS/Lucas Jackson/File Photo

New York - A group of at least six wealthy Republican donors is urging the billionaire Koch brothers to step off the sidelines of the U.S. presidential election to back Donald Trump, arguing they will want influence with the New York businessman they have harshly criticized if he wins the White House in November.


The financiers, prominent members of the sprawling 700-member Koch donor network, have been making their case in emails and phone calls to Charles and David Koch ahead of their bi-annual donor seminar, which begins Saturday in Colorado, according to four donors involved in the loosely-coordinated effort and advisors representing two others.

An endorsement from the Kochs would be a radical departure: the industrialist brothers have railed against Trump’s “monstrous” rhetoric and protectionist policies on immigration and trade. They have said they will not get involved in the presidential election and will instead focus on Senate races.

All the while, Trump has blasted the donor class and vowed not to become a “puppet” of outside interests as he tries to win the Nov. 8 election.

But there is room for a detente.

Trump’s vice presidential running mate, Indiana Governor Mike Pence, has long been a darling of the Koch network, and Trump’s fledgling campaign finance operation could use a cash injection as it faces a $1 billion general election battle against Democratic rival Hillary Clinton.

“I don’t think it’s impossible, or beyond the realm of possibility, that at some point the Kochs are going to get involved,” said Doug Deason, a member of the Koch network.

Deason, who has met with Trump and his confidantes, said he and his father, the billionaire Darwin Deason, had proposed to Charles Koch in an email that he meet the Republican nominee in person.

“We think it’s really important that Donald convince Charles he’s the right guy, and for Charles to influence Donald’s policies,” said Deason. “He (Charles Koch) indicates he’s taking a wait and see approach. He’s not completely writing if off.”

An advisor to another major Koch network donor added: “Some of the Koch donor class this weekend is surely going to say, ‘Hey, guys, get on board.’”

The Trump campaign did not respond to a request for comment. James Davis, a spokesman for the Koch’s political operation, Freedom Partners, declined comment.

The billionaire donors eyeing Trump stress they believe it is urgent for the Koch brothers’ conservative thinking to start to influence him before the election while he is still fine tuning policy and considering possible Cabinet picks.


The Koch network, made up of the wealthiest conservative families in America, rivals both the Republican and Democratic parties in both its resources and scope. Membership requires a payment of at least $100,000 per year.

But it is by no means a monolithic group.

At their donor summit in January in Palm Springs, California, most donors seemed vehemently opposed to Trump among the vast field of other Republican options. But now that Trump has won the nomination, vanquishing 16 opponents in the primaries, some see little option but to back him.

Broadcast magnate Stanley Hubbard, who had opposed Trump earlier in the year but now wants the Kochs to support him, said he was most concerned by the prospect of a Democrat nominating people to vacancies on the Supreme Court.

“A lot of us are giving a lot of money to the Kochs, and what we would expect is that they would do all they can to see to it that the right Supreme Court justices are selected,” Hubbard said. “Supreme Court justices will last a lot longer than any president.”

He said he hoped the weekend confab in Colorado would persuade the Kochs to rethink Trump.

“If nothing else, the Kochs better ask for a show of hands,” said Hubbard, “and I think most people in the room this weekend will say, ‘Yes, you need to get involved.’”

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Read Comments (3)  —  Post Yours »


 Jul 28, 2016 at 09:41 PM hashomer Says:

Even the far right Coke brothers don't trust Trump. They haven't given him a cent yet and may not tomorrow. For all their well documented fascism, the Cokes support the arts, environmental causes and women's rights. They don't need Trump.


 Jul 28, 2016 at 09:58 PM charliehall Says:

Trump is a billionaire himself. Why does he need money from other billionaires?


 Jul 29, 2016 at 09:45 AM Haimov Says:

Everybody wants to be Trump, but Trump wants to be Putin.


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