Billionaire donor Robert Mercer cuts back on GOP support after being scrutinized for backing Trump - 2018-12-21

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F0.png Billionaire donor Robert Mercer cuts back on GOP support after being scrutinized for backing Trump December 21, 2018, Brian Schwartz, CNBC

Mercer and his family didn't make as many political contributions in 2018 as they had in previous cycles, especially in contrast to the 2016 cycle, when Trump ran for president. Political strategists believe Mercer's lack of involvement this year should sound the alarm for Republicans looking for assistance in the fundraising game when they fight for Trump's re-election in 2020.

Mercer still gave millions this year, but the sum didn't stack up with previous years' amounts. He gave $6.4 million to Republicans, the lowest amount since 2012, when he and his wife, Diana, contributed $5.8 million, according to the nonpartisan Center for Responsive Politics. The Mercers finished the 2016 election as one of the top 10 political donors, by giving just over $25 million to conservative causes.

Robert Mercer typically avoids public scrutiny, but his involvement with Trump thrust him into the political arena — an unwelcome development for him.

Wikipedia cite:
{{cite news | first = Brian | last = Schwartz | title = Billionaire donor Robert Mercer cuts back on GOP support after being scrutinized for backing Trump | url = https://www.cnbc.com/2018/12/21/robert-mercer-scales-back-gop-support-after-scrutiny-for-backing-trump.html | work = CNBC | date = December 21, 2018 | accessdate = May 16, 2020 }}