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Brian Schwartz in political news

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Joe Biden - Donald Trump - Nikki Haley - Reid Hoffman - Brian Schwartz - Jamie Dimon - Haley - Reid Hoffman pauses Nikki Haley funding after New Hampshire loss, source says - cnbc.com - state Iowa - state New Hampshire - New York

Reid Hoffman pauses Nikki Haley funding after New Hampshire loss, source says

Billionaire Reid Hoffman is not planning to give any more money to Nikki Haley's candidacy for president, according to a source familiar with the matter. Hoffman, who has for years mainly financed causes in line with the Democratic Party, gave $250,000 to a pro-Haley super PAC last year, according to The New York Times. The person who told CNBC that Hoffman didn't have immediate plans to help Haley again declined to be named in order to speak freely about the matter. Hoffman, a co-founder of LinkedIn, wrote on his page in December that while he is a supporter of President Joe Biden, he believed that Haley had the best chance a

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Joe Biden - Donald Trump - Brian Schwartz - Anthony Scaramucci - Wall Street opposition to Trump collapses, as 'pipe dream' of primary defeat ends - cnbc.com - state Iowa - state Florida

Wall Street opposition to Trump collapses, as 'pipe dream' of primary defeat ends

As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak out against him, and in some cases they will consider supporting the Republican former president over Democratic President Joe Biden, according to over a dozen people familiar with the matter. "A lot of people on Wall Street have been living in this pipe dream of Trump not getting the nomination. People were in the first stage of [grief], denial. Now they're trying to get their heads around the fact that Trump could be the nominee," said an executive at a private equity firm. Like others in this story, the executive was granted anonymity in order to relay details of private conversations. This view reflects one shared by large portions of Wall Street, who are scrambling to come to grips with

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Donald Trump - Nikki Haley - Brian Schwartz - Haley - In New - Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss - cnbc.com - city New York - state Iowa - state New Hampshire - New York

Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss

Former U.N. ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with, or outright defeat, Donald Trump in next week's New Hampshire primary, after finishing third Monday in the Iowa caucus. "I would still like to see her get somewhere, but the mountain she has to climb is enormous," Andy Sabin, a New York businessman and Haley fundraiser, told CNBC. "As much as I like Haley, I don't even know what Trump could do to stop himself right now." Sabin plans to help raise money for Trump if Haley doesn't make it through the primary season, despite previously telling CNBC he wouldn't give the former president "a f---ing nickel." "He may be the only choice I have," said Sabin. Several Haley fundraisers who spoke to CNBC conceded that, unless she gets a ve

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Donald Trump - Nikki Haley - Ron Desantis - Brian Schwartz - Iowa Republican caucus sets new record for state political ad buys: $120 million - cnbc.com - state South Carolina - state Iowa - state Florida - state Hawkeye

Iowa Republican caucus sets new record for state political ad buys: $120 million

The battle to win the Republican Iowa caucus is the most expensive on record, with over $120 million spent on ads by the campaigns and their affiliated political action committees in the Hawkeye State, according to data provided to CNBC by AdImpact. The massive amount of resources placed into Iowa reflects how competitive candidates and their allies still believe the GOP nomination race to be, despite Donald Trump's dominance in the polls. Going into Monday's caucus, Trump's lead over his closest rival, former South Carolina Gov. Nikki Haley, averaged 33 percentage points, according to a Real Clear Politics polling aggregation. Around $84 million of the $120 million total ad buys came from campaigns and allies of the top three candidates, Trump, Haley and Flori

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Joe Biden - Kamala Harris - Julie Chavez Rodriguez - Brian Schwartz - Biden raises over $97 million in fourth quarter, enters election year with $117 million war chest - cnbc.com

Biden raises over $97 million in fourth quarter, enters election year with $117 million war chest

President Joe Biden's reelection effort says it received over $97 million in contributions during the fourth quarter of 2023. As a result, Biden and Vice President Kamala Harris' political operation entered a pivotal year with $117 million cash in their campaign war chest. The amount represents the sum total of four entities: Biden's campaign, his two joint fundraising committees and the Democratic National Committee. "Across our coalition, we are seeing early, sustained support that is helping us scale our growing operation across the

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Joe Biden - Robert F.Kennedy-Junior - Brian Schwartz - RFK Jr.'s presidential campaign questioned by FEC over payments to daughter-in-law - cnbc.com

RFK Jr.'s presidential campaign questioned by FEC over payments to daughter-in-law

Robert F. Kennedy Jr., an independent candidate for president, is being questioned by the Federal Election Commission for payments his campaign made to his daughter-in-law last year, according to a new letter first reviewed by CNBC. The FEC sent Kennedy's campaign a letter on Tuesday, asking for details about "payments to members of the candidate's family" between July 1 and Sept. 30. The FEC threatened to take legal action against the Kennedy campaign if the payments to family members did not reflect the fair market value of legitimate campaign services. Although the letter doesn't name the family member, Kennedy's daughter-in-law, Amaryllis Fox Kennedy, is the only family member who received payments from Robert F. Kenned

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