The war between former President Trump and Senate Minority Leader Mitch McConnell (R-Ky.) is likely to turn into a battle over money as Republican donors will be forced to choose between Trump-backed and GOP-establishment candidates.
The fundraising rift could prove detrimental to Republicans, who are seeking to flip both the House and Senate in the 2022 midterm elections.
Trump blasted McConnell this week after the Senate GOP leader said Trump was responsible for the Jan. 6 riot. Trump vowed to back primary opponents who are more aligned with his base, setting up a battle over the future of the Republican party.
Many Republican donors are avoiding taking sides publicly for now, but strategists see signs of things to come in 2022 and 2024.
“I think as long as Republicans are out there talking about our own primaries and not talking about [President] Biden and Democratic policies, we’re losing,” a longtime GOP donor said. “Dem money’s going to flow; I think the worry will be some of the GOP money will sit on the sidelines, even the big establishment money, until Republicans get their act together.”
Two Republican senators who voted to convict Trump, Sen. Pat Toomey (Pa.) and Richard Burr (N.C.), are not running for reelection in 2022, leaving open two swing state seats. Another vote to convict came from Sen. Lisa Murkowski (R-Alaska), who faces reelection next year.
Some donors are pushing back against the idea that Trump-base candidates have a chance in swing states.
“I think McConnell wins with the legitimate GOP donors. And he wins in the long run. Ex-President Trump lost Georgia, and the Senate, period. And the White House, legitimately. The GOP base is ready and needs to move on; the ex-President’s base — which is not a real Republican base — maybe not so much, but they’ve lost the podium,” said a former corporate PAC director.