DeSantis Faces Financial Uncertainty As Major Donor Waivers
In a shocking twist to Florida Gov. Ron DeSantis’ bid for the 2024 GOP presidential nomination, Robert Bigelow, the largest individual donor to his campaign, has signaled possible withdrawal of financial support. Bigelow’s hesitation has sparked discussions about the broader implications for the DeSantis campaign and the state of conservative politics in America.
Bigelow, the multimillionaire owner of Budget Suites of America, has been a staunch supporter of DeSantis. His contributions to the Never Back Down PAC, the principal super PAC behind DeSantis’ campaign, have been monumental. According to Reuters, Bigelow’s donations account for two-thirds of the PAC’s fundraising in the first half of 2023, amounting to over $20 million. His support in the past has been so unwavering that he once claimed he would “give DeSantis more money and go without food” to ensure his success, as reported by Time Magazine.
Yet, the landscape is shifting. Bigelow expressed concerns about the campaign’s positioning, indicating a desire for a more moderate policy platform. “He does need to shift to get to moderates. He’ll lose if he doesn’t. Extremism isn’t going to get you elected,” Bigelow commented to Reuters. He further stated that he would withhold additional donations “until I see that he can generate more on his own. I’m already too big a percentage.”
Bigelow’s reservations stem partly from DeSantis’ stance on critical issues. He pointed to Florida’s “heartbeat” abortion law enacted in April, which bans abortions after a fetal heartbeat is detected, typically six weeks into pregnancy. Bigelow argued that this timeframe was premature, potentially denying many women access to abortions before they even realize they’re pregnant.
Despite these disagreements, Bigelow still believes DeSantis remains the “best guy for the country.”
Bigelow isn’t the only major donor expressing reservations. Andy Sabin, a metals manufacturing magnate, announced earlier this year that he would halt support for DeSantis’ campaign, particularly over its position on abortion. Sabin stated, “I don’t think he can win a national election with his viewpoint on abortion.”
DeSantis’ strong conservative policies, especially on gender, education and abortion, have undeniably defined his campaign. While they have garnered the support of many conservative and religious groups, such as Susan B. Anthony Pro-Life America, Concerned Women for America, and the Catholic Church, they seem to alienate some critical financial backers.
Notable GOP billionaire donors, including hedge fund manager Ken Griffin and investor Jeffrey Yass, have reportedly withdrawn support due to disagreements with DeSantis’ policy positions.
Interestingly, when Bigelow communicated his concerns to DeSantis’ campaign manager, Generra Peck, her initial silence was so prolonged that Bigelow humorously wondered if she “had passed out.” Nevertheless, he felt she took his concerns seriously.
The road ahead for the DeSantis campaign remains uncertain. With President Donald Trump holding a commanding lead at 53.7% support in the Republican presidential primary, compared to DeSantis’ distant 15.7%, according to RealClearPolitics, the loss of Bigelow’s backing could be a considerable blow.
This episode underscores the delicate balance of aligning policy stances with donor expectations while keeping the broader voter base in mind. With Bigelow’s potential withdrawal, it remains to be seen how DeSantis’ campaign will navigate these treacherous political waters.
