"Nikki Haley's Fundraising Strategy Faces Scrutiny After New Hampshire Setback"

1 min read
Source: CNBC
"Nikki Haley's Fundraising Strategy Faces Scrutiny After New Hampshire Setback"
Photo: CNBC
TL;DR Summary

Billionaire Reid Hoffman, a Democratic supporter, has reportedly halted further financial support for Nikki Haley's presidential campaign after her losses in the Iowa caucus and New Hampshire primary to former President Donald Trump. Hoffman, who initially believed Haley had the best chance at beating Trump, is one of her first wealthy donors to withdraw support, with others also reconsidering their fundraising efforts due to her winless streak in the primary season. Despite some planning to publicly support Haley, doubts remain about their ability to raise significant funds for her campaign, especially as Trump leads by a wide margin in her home state of South Carolina.

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