The Los Angeles Post
U.S. World Business Lifestyle
Today: March 29, 2025
Today: March 29, 2025

Investor Griffin gave $5 million to pro-Haley group in January - source

U.S. House Financial Services Committee holds hearing on Gamestop, social media and stock short selling
April 26, 2024

By Svea Herbst-Bayliss and Alexandra Ulmer

(Reuters) - Hedge fund billionaire Kenneth Griffin gave $5 million to an outside group supporting Republican presidential candidate Nikki Haley this month, a person familiar with the donation said on Tuesday.

The support from Griffin, a Republican mega donor, is a boon for Haley, who has lost the first two Republican nominating contests to runaway frontrunner Donald Trump and faces a steep path to clinching the party's presidential nomination ahead of the November election.

Investor Griffin gave $5 million to pro-Haley group in January - source
Republican presidential candidate Nikki Haley campaigns in Conway, South Carolina

However, it remains unclear whether Griffin made the donations before or after Haley lost the Iowa and New Hampshire contests, on Jan. 15 and Jan. 23, respectively, and whether more donations might follow.

When asked whether Griffin, who runs investment firm Citadel, might donate more to Haley, the person familiar with his thinking said, "We don't know."

In a statement to Reuters, Griffin appeared to be focused on the congressional race.

"While voters decide on who will serve as the Republican Party's nominee for President, I will continue my focus on actively supporting U.S. House and Senate candidates," Griffin said.

(Reporting By Svea Herbst-Bayliss and Alexandra Ulmer, editing by Ross Colvin)

Related Articles

Citadel's Griffin says cooling inflation could lead to Fed rate cuts this summer Ken Griffin's Citadel to return about $7 billion in profit to investors -source Citadel's Griffin unsure stock market rally can continue - CNBC
Share This

Popular

Australia|Economy|Election|Health|Political

Australia's Albanese starts election campaign touting healthcare credentials

Australia's Albanese starts election campaign touting healthcare credentials
Election|Political|US

Indiana Republican lawmaker's town hall a crowd-fest of boos and jeers as she defends Trump spending cuts

Indiana Republican lawmaker's town hall a crowd-fest of boos and jeers as she defends Trump spending cuts
Election|Political|US

Is Elon Musk skirting election law in the Wisconsin Supreme Court race?

Is Elon Musk skirting election law in the Wisconsin Supreme Court race?
Election|Political|US

Wisconsin attorney general sues Elon Musk to block $1 million payment offers

Wisconsin attorney general sues Elon Musk to block $1 million payment offers

Australia

Australia|Economy|Health|Lifestyle|World

A remote Australian town seeks a doctor, offering a $400,000 salary and free rent

A remote Australian town seeks a doctor, offering a $400,000 salary and free rent
Australia|Crime|World

Former police officer spared jail over death of 95-year-old Tasered in a nursing home

Former police officer spared jail over death of 95-year-old Tasered in a nursing home
Australia|Economy|Election|Political

Trumpโ€™s trade war, China and cost of living dominate Australia election as campaigning kicks off

Trumpโ€™s trade war, China and cost of living dominate Australia election as campaigning kicks off
Australia|Business|Economy

Star Entertainment's Sydney casino licence suspension extended till September

Star Entertainment's Sydney casino licence suspension extended till September

Access this article for free.

Already have an account? Sign In