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Wall Street reckons with ‘Never Trump’ never happening

Posted on AllSides December 11th, 2023
From The Left
Banking and Finance, Wall Street, 2024 Presidential Election, Donald Trump
Brendan Smialowski/AFP/Getty Images

Wall Street’s top GOP donors are slowly realizing that former President Donald Trump is all-but-certain to clinch the presidential nomination. While billionaires and their strategists continue to throw Hail Marys, they’re also thinking about when to throw in the towel.

“The street still hopes for somebody else,” Thomas Peterffy, the GOP megadonor and founder of Interactive Brokers, told POLITICO from the sidelines of the Goldman Sachs U.S. Financial Services Conference last week.

The odds are exceedingly narrow, even with former U.N. Ambassador Nikki Haley’s recent surge in the polls. If...

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