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      Top Democratic Donor Gave $250,000 to a Nikki Haley Super PAC

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      Mr. Hoffman, the co-founder of LinkedIn, has funded an array of anti-Trump candidates and causes.When Jamie Dimon, the chief executive of JPMorgan Chase, urged Democratic donors last week to rally behind Nikki Haley to provide Republican voters an alternative to former President Donald J. Trump, it seemed a far-fetched plea.But at least one of the Democratic Party’s biggest financiers has already done exactly that.Reid Hoffman, the billionaire co-founder of LinkedIn and a major Democratic donor, recently gave $250,000 to a super PAC supporting Ms. Haley, the former South Carolina governor who has gained momentum in recent weeks in the 2024 Republican primary race. The donation, which has not been previously reported, was confirmed by Dmitri Mehlhorn, a political adviser to Mr. Hoffman.The pro-Haley super PAC, SFA Fund Inc., was asked specifically by Mr. Hoffman’s political team if it would take money from Mr. Hoffman, given that he is a Democrat who actively supports President Biden, Mr. Mehlhorn said. The super PAC, he added, said yes.The pro-Haley super PAC did not immediately respond to a request for comment.SFA Fund Inc. has been one of the biggest players in the 2024 Republican primary race, spending more than $33 million on advertising and other expenses. Its biggest contributors in the first half of the year were Jan Koum, a co-founder of WhatsApp, who gave $5 million, and the venture capitalist Tim Draper, who gave $1.25 million. Mr. Koum has since given an additional $5 million, which Puck News first reported.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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      R.F.K. Jr. Allies Say They’ll Spend Over $10 Million on Ballot Access

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      A super PAC backing Robert F. Kennedy Jr.’s independent presidential candidacy is leading the costly and legally complex effort, which the Democratic establishment is trying to fight.A super PAC backing the independent presidential candidacy of Robert F. Kennedy Jr. is planning to spend $10 million to $15 million to get Mr. Kennedy on the ballot in 10 states, a substantial effort that, even if partly successful, could heighten Democratic concerns about his potential to play the role of spoiler in 2024.The hefty sum underscores the challenge facing Mr. Kennedy, an environmental lawyer and prominent purveyor of conspiracy theories, as he pursues his long-shot White House bid. It also shows the substantial financial support he has generated so far.The super PAC, American Values 2024, has raised at least $28 million. (The group last disclosed its unofficial fund-raising haul in early October, but has not filed official records since mandatory midyear reports with the Federal Election Commission in July, when it had $9.8 million on hand.) The group was planning to announce the strategy on Monday, according to a draft announcement reviewed by The New York Times.The states, which include several battlegrounds, are among the country’s most populous and carry, between them, 210 Electoral College votes — Arizona, California, Colorado, Georgia, Illinois, Indiana, Michigan, Nevada, New York and Texas.Mr. Kennedy’s campaign, as well as efforts from No Labels, the Green Party and other independent candidates, have worried President Biden’s campaign and its Democratic allies. They fear that such campaigns could siphon votes away from Mr. Biden and tilt the election toward his likely Republican opponent, former President Donald J. Trump.States make their own rules governing ballot access. Independent candidates must navigate a labyrinthine network governing signature collections and financial reporting requirements. The effort is time-consuming and expensive.Tony Lyons, the super PAC’s co-founder, said that the goal was to get Mr. Kennedy on the ballot in every state, but that the group was focusing on the 10 states where it expected the most difficulty, particularly in terms of expensive legal challenges. “That’s where we believe we can have the most impact,” he said.He said the campaign was working on its own ballot access efforts — the campaign’s website includes a sign-up for people who would like to be contacted by volunteers.In an interview this year, Ralph Nader, who twice ran for the presidency as the Green Party’s candidate, estimated that it would cost at least $5 million simply to collect signatures to qualify for ballots. The inevitable legal fights to defend ballot access, he said, would require many more millions of dollars.Marc Elias, one of the Democratic Party’s leading election lawyers, has been retained by the super PAC American Bridge to vet third-party and independent candidates’ ballot access in battleground states where such candidates could damage Mr. Biden.Mr. Elias said in an interview last month that he would work to make sure that any candidate who might be a threat to Mr. Biden followed the precise letter of the law when it comes to qualifying for the ballot.“The law is the law. The law requires candidates to get on the ballot in a certain way,” Mr. Elias said. “Once you have the rules you have for ballot access, you have to meet them and there’s no exception to it.”Mr. Kennedy entered the presidential race in April as a Democratic challenger to Mr. Biden, but ended his bid for the party’s nomination in October, arguing that Democrats’ primary system was rigged against him.From the outset, Mr. Kennedy has drawn support from disaffected Democrats, Republicans and independents, some of whom have been drawn to his anti-establishment message. A poll from The New York Times and Siena College that was released last month found that unfavorable opinions of Mr. Biden and Mr. Trump left an opening for independent candidates like Mr. Kennedy.Democrats are not alone in their concerns about Mr. Kennedy’s candidacy. The Republican National Committee, on the day he announced his independent bid, sent out an email titled “23 Reasons to Oppose RFK Jr.,” listing ways in which he has been aligned with Democrats in the past. More

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      The Undoing of George Santos

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      Lying is one thing in politics. But lying and stealing for the sake of Ferragamo and Hermès?In the end, it may have been the luxury goods that brought down George Santos.Not the lies about going to Baruch College and being a volleyball star or working for Goldman Sachs and Citigroup. Not the claims of being Jewish and having grandparents who were killed in the Holocaust and a mother who died of cancer as result of 9/11. (Not true, it turned out.) Not the fibs about having founded an animal charity or owning substantial real estate assets. None of the falsehoods that have been exposed since Mr. Santos’s election last year. After all, he did survive two previous votes by his peers to expel him from Congress, one back in May, one earlier in November.Listen to This ArticleOpen this article in the New York Times Audio app on iOS.At this point, the discussion around lies and politics is so familiar, it has become almost background noise.But taking $6,000 of his campaign contributions and spending it on personal shopping at Ferragamo? Dropping another couple thousand at Hermès? At Sephora? On Botox?Those revelations, documented in the House Ethics Committee report released Nov. 16, seemed simply too much. Despite the fact that Mr. Santos had announced that he would not seek re-election, despite the fact that he is still facing a 23-count federal indictment, Representative Michael Guest, the chairman of the House Ethics Committee, introduced a resolution the week before Thanksgiving calling for Mr. Santos’s expulsion from Congress. On Friday, the House voted in favor — 311 to 114, with two voting present — making Mr. Santos only the third representative since the Civil War to be ejected from that legislative body.George Santos Lost His Job. The Lies, Charges and Questions Remaining.George Santos, who was expelled from Congress, has told so many stories they can be hard to keep straight. We cataloged them, including major questions about his personal finances and his campaign fund-raising and spending.As Michael Blake, a professor of philosophy, public policy and governance at the University of Washington, wrote in The Conversation, Mr. Santos’s lies provoked “resentment and outrage, which suggests that they are somehow unlike the usual forms of deceptive practice undertaken during political campaigns.”It was in part the ties that had done it. The vanity. The unabashed display of greed contained in the silken self-indulgence of a luxury good.“Material objects are at the heart of this thing,” said Sean Wilentz, a professor of American history at Princeton University. “They expose what is seen as a universal character flaw and make it concrete.”Mr. Santos appeared in his trademark prep school attire at the federal courthouse in Central Islip, N.Y., in May, when he pleaded not guilty to federal charges of wire fraud, money laundering and theft of public funds.Hilary Swift for The New York TimesWhite collar crime is often abstract and confusing. Tax evasion is not sexy. (Nothing about taxes is sexy.) It may get prosecutors excited, but the general public finds it boring. To be sure, the House Ethics Committee report, all 55 pages of it, went far beyond the juicy details of designer goods (not to mention an OnlyFans expense), but it is those details that have been plastered across the headlines and stick in the imagination. They make the narrative of wrongdoing personal, because one thing almost everyone can relate to is luxury goods.These days they are everywhere: unboxed on TikTok with all the seductive allure of a striptease; dangling by celebrities on Instagram; glittering from store windows for the holidays. Lusted after and dismissed in equal measure for what they reveal about our own base desires and human weaknesses, they are representative of aspiration, achievement, elitism, wealth, indulgence, escapism, desire, envy, frivolity. Also the growing and extreme wealth gap and the traditions of royalty and dictators — the very people the settlers (not to mention the Puritans) came to America to oppose.There’s a reason even Richard Nixon boasted in a 1952 speech that his wife, Pat, didn’t “have a mink coat. But she does have a respectable Republican cloth coat.”As Mr. Wilentz said, it has been, and still is, “unseemly to appear too rich in Washington.” (At least for anyone not named Trump. In this, as in so many things, the former president appears to be an exception to the rule.)In the myth of the country — the story America tells itself about itself — our elected officials, above all, are not supposed to care about the trappings of wealth; they are supposed to care about the health of the country. “The notion of elected officials being public servants may be a polite fiction, but it is a polite fiction we expect politicians to maintain,” Mr. Blake said.Even if, as David Axelrod, the former Democratic strategist and senior fellow at the Institute of Politics at the University of Chicago, points out, speaking of the amount of money needed to run for office these days, “office holders and candidates spend an awful lot of time rubbing shoulders with people of celebrity and wealth and often grow a taste for those lifestyles — the material things; the private planes and lavish vacations.”Mr. Santos at the Capitol in November, just before his third expulsion resolution was introduced.Kenny Holston/The New York TimesIndeed, Mr. Santos is simply the latest elected official whose filching of funds to finance a posh lifestyle brought them to an ignominious end.In 2014, for example, a former governor of Virginia, Bob McDonnell, was found guilty on federal bribery charges of accepting $175,000 worth of cash and gifts, including a Rolex watch and Louis Vuitton handbags and Oscar de la Renta gowns for his wife from the businessman Jonnie R. Williams Sr., and sentenced to two years in prison. (The Supreme Court later vacated the sentence.) During the trial, the products were entered as exhibits by the prosecution — glossy stains on the soul of the electorate.In 2018, Paul Manafort, Mr. Trump’s former campaign chairman, was convicted on eight counts of bank fraud and tax crimes after a Justice Department investigation revealed that he had spent $1.3 million on clothes, mostly at the House of Bijan in Beverly Hills, including a $15,000 ostrich jacket that set the social media world alight with scorn. More recently, Senator Robert Menendez of New Jersey was accused of accepting hundreds of thousands of dollars worth of gold bars and a Mercedes-Benz, among other bribes, in return for political favors.In each case, while the financial chicanery was bad, it was the details of the stuff — the objects themselves — that became the smoking gun, the indefensible revelation of moral weakness. And so it was with Mr. Santos.Even if, at one point, his appreciation of a good look may have made him seem more accessible — he reviewed NASA’s spacesuit and created a best- and worst-dressed list for the White House Correspondent’s dinner, both on X — it also proved his undoing. As the House Ethics Committee report read: “He blatantly stole from his campaign. He deceived donors into providing what they thought were contributions to his campaign but were in fact payments for his personal benefit.”And worse — for vanity, reeking of ostentation. That’s not just an alleged crime. It’s an affront to democracy.Audio produced by More

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      Nikki Haley’s First TV Ad Calls to Move Beyond ‘the Chaos of the Past’

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      The 30-second spot, part of a $10 million advertising effort in Iowa and New Hampshire, does not mention her front-running rival, Donald Trump, or President Biden.Nikki Haley’s presidential campaign released its first ad of the Republican primary race on Thursday, a spot that calls for “a new generation of conservative leadership” and presents her as a steady hand in the face of domestic and international threats.The ad, titled “Moral Clarity,” comes as Ms. Haley, the former United Nations ambassador and South Carolina governor, aims to build on her momentum in the polls ahead of the first nominating contests in January. Former President Donald J. Trump, however, maintains a wide lead in surveys.The 30-second ad, part of a $10 million purchase in Iowa and New Hampshire, will air on broadcast and cable TV starting Friday. A super PAC backing Ms. Haley, SFA Fund Inc., has spent more than $20 million on television advertising time, including reserved spots well into January.Ms. Haley narrates the ad, and she does not mention Mr. Trump or President Biden. She twice refers to “chaos” — “chaos on our streets and college campuses,” and a need to leave behind “the chaos of the past,” reflecting concerns about Mr. Biden and Mr. Trump that have animated centrist Republicans.To drive home the point, the ad shows security-camera footage of hooded figures shooting guns on a street as well as images of pro-Palestinian protests and American flags being burned.Buoyed by strong debate performances, Ms. Haley has emerged in recent weeks as a challenger to Gov. Ron DeSantis of Florida for the No. 2 spot in the primary field as both seek to dislodge Mr. Trump. She has largely sought to stake out nuanced positions on domestic issues like abortion (which she does not mention in the ad), while taking a hard-line stance on foreign policy, particularly China, Russia and Iran (which she does mention).Mr. Trump’s campaign has told supporters it expects to air its first broadcast TV ads in Iowa and New Hampshire starting on Friday. He has previously focused on national ads attacking Mr. Biden. More

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      Jamie Dimon Urges Donors, Even Democrats, to ‘Help Nikki Haley’

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      The JPMorgan Chase C.E.O.’s show of support for Ms. Haley came on the same day that a new super PAC set out to try to draw independent voters to her candidacy.The chief executive of Wall Street’s largest bank threw his support behind Nikki Haley on Wednesday, just as a group of entrepreneurs confirmed that they were forming a super PAC to try to draw independent voters to her.The two developments provided new signs that opponents of former President Donald J. Trump in the business world are coalescing around Ms. Haley as their favored alternative.“Even if you’re a very liberal Democrat, I urge you, help Nikki Haley, too,” Jamie Dimon, the chief of JPMorgan Chase, said at The New York Times’s DealBook Summit, a conference of global business leaders, addressing Wall Street executives in the room who might donate to candidates. “Get a choice on the Republican side that might be better than Trump.”Mr. Dimon had called Ms. Haley late last month to praise her campaign, but his comments on Wednesday were a far more public endorsement. He did not take the position that the nominee should be anyone but Mr. Trump, adding: “He might be the president. I have to deal with that, too.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.We are confirming your access to this article, this will take just a moment. However, if you are using Reader mode please log in, subscribe, or exit Reader mode since we are unable to verify access in that state.Confirming article access.If you are a subscriber, please  More

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      Koch Network Endorses Nikki Haley in Bid to Push GOP Past Trump

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      The support will give Ms. Haley more organizational strength in the field as she battles Gov. Ron DeSantis of Florida for the No. 2 spot in the Republican presidential race.The political network founded by the Koch brothers is endorsing Nikki Haley in the Republican presidential primary race, giving her organizational muscle and financial heft as she battles Gov. Ron DeSantis of Florida for second place in Iowa.The group announced its plans in a memo on Tuesday.The commitment by the network, Americans for Prosperity Action, bolsters Ms. Haley as the campaign enters the final seven weeks before the first nominating contest. Since the first Republican primary debate, Ms. Haley has steadily climbed in polls, even as Mr. DeSantis has slipped. Former President Donald J. Trump remains the dominant front-runner in the race.“In sharp contrast to recent elections that were dominated by the negative baggage of Donald Trump and in which good candidates lost races that should have been won, Nikki Haley, at the top of the ticket, would boost candidates up and down the ballot,” reads the memo from Emily Seidel, a senior adviser to Americans for Prosperity Action, who adds that Ms. Haley would win “the key independent and moderate voters that Trump has no chance to win.”The memo goes on to say that the country “is being ripped apart by extremes on both sides,” adding: “The moment we face requires a tested leader with the governing judgment and policy experience to pull our nation back from the brink. Nikki Haley is that leader.”The group laid out polling describing the shift in the race toward Ms. Haley in a separate memo.Ms. Haley, who has described Mr. Trump’s time as past, has gained support from donors and elite opinion-makers, many of whom describe her as the best alternative to Mr. Trump.But Ms. Haley’s campaign does not have the organizational strength that Mr. DeSantis does, thanks to work the super PAC affiliated with his campaign has been doing for much of the year.The endorsement from the super PAC established by David and Charles Koch could help change that. It will give her access to a direct-mail operation, field workers to knock on doors and people making phone calls to prospective voters in Iowa and beyond. The group has money to spend on television advertisements, as well.The network’s backing also helps fuel Ms. Haley’s momentum heading into the final weeks before voting begins.Americans for Prosperity Action has been among the country’s largest spenders on anti-Trump material this year, buying online ads and sending mailers to voters in several states, including Iowa, New Hampshire and South Carolina. All told, the group has spent more than $9 million in independent expenditures opposing Mr. Trump.One mailer in Iowa, paid for by the group, shows images of Mr. Trump and President Biden and reads, “You can stop Biden … by letting go of Trump.”But so far, none of that spending has benefited any of Mr. Trump’s rivals, who have been busy battling one another.The Koch network is well financed, raising more than $70 million for political races as of this summer.The group has been committed to opposing Mr. Trump’s return as leader of the Republican Party. In a memo in February, Ms. Seidel, who also serves as the president of Americans for Prosperity, the political network’s parent group, wrote: “We need to turn the page on the past. So the best thing for the country would be to have a president in 2025 who represents a new chapter.”Mr. DeSantis’s campaign, which has had upheaval in recent days, including the resignation of the chief executive of his super PAC, tried to throw cold water on the endorsement before it was even announced.“Every dollar spent on Nikki Haley’s candidacy should be reported as an in-kind to the Trump campaign,” Andrew Romeo, a DeSantis campaign spokesman, wrote on X, formerly known as Twitter, 30 minutes before Americans for Prosperity Action officials announced the endorsement on a press call.“No one has a stronger record of beating the establishment than Ron DeSantis, and this time will be no different,” he wrote. More

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      Could Nikki Haley Really Beat Trump? Big Donors Are Daring to Dream.

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      Powerful players in the business world have gravitated toward Nikki Haley, aware that she remains an underdog but beginning to believe she has a chance.Late last month, Nikki Haley, the former U.S. ambassador to the United Nations, got an unexpected call from Jamie Dimon, the chief executive of JPMorgan Chase. Mr. Dimon said he was impressed by Ms. Haley’s knowledge of policy details and her open-minded approach to complex issues raised in the Republican presidential race, according to a person familiar with what they discussed. Keep it up, he told her.He wasn’t the only business heavyweight to say so.In recent weeks, a group of chief executives, hedge fund investors and corporate deal makers from both parties have begun gravitating toward Ms. Haley and, in some cases, digging deeper into their pockets to help her.Her ascent in the polls and strong debate performances have raised hopes among Republicans hungering to end the dominance of former President Donald J. Trump that maybe, just maybe, they have found a candidate who can do so.“I’m a long way from making my mind up — something could change — but I’m very impressed with her,” said Kenneth G. Langone, the billionaire Home Depot co-founder, who has donated to Ms. Haley’s campaign and is considering giving more. “I think she’s a viable candidate. I would certainly like her over Trump.”Kenneth G. Langone, a co-founder of Home Depot, is part of a bipartisan group of chief executives, hedge-fund investors and corporate deal makers who have shown new interest in Ms. Haley. Kevin Dietsch/Getty ImagesMs. Haley’s fresh appeal to the moneyed crowd is coming at a critical juncture in the race, when positive buzz and steady cash flow are vital to a candidate’s survival. With less than eight weeks before the Iowa caucuses, Ms. Haley’s campaign and allied political committees need money to pay for travel, advertising, staff and a ground game to draw out potential voters.Some business leaders say they appreciate her focus on cutting taxes and government spending. Others praise her foreign-policy chops and her search for a winning Republican message on abortion rights, on which she has sought a moderate path but recently tacked to the right by saying she would have signed a six-week ban as governor of South Carolina.Most say they see her as a welcome alternative to Mr. Trump, whom they blame for inciting the violence of Jan. 6, 2021, for costing Republicans a Senate majority in last year’s midterm elections and for being too volatile as a commander in chief. They also prefer her to President Biden, whose economic policies and age many cited as a concern.“It’s invigorating to be truly excited by a candidate again,” said Jonathan Bush, the chief executive of a health-data startup and a cousin of former President George W. Bush. He hosted a virtual fund-raiser for Ms. Haley in early November.Mr. Bush, a Republican who voted for Mr. Biden in 2020 and for Gary Johnson, the Libertarian candidate, in 2016, said he had been struck by her knowledge and poise.“The topic that everyone is on is, ‘How do you beat Donald Trump?’” Mr. Bush said, “and she was careful to say, ‘Look, people will decide about him, but this is where I am on certain issues.’ And she rattled off some issues, related to our debt, related to our role in the world. But what you picked up was an electric energy,” he added, “that I think got this crowd really excited.”But even with Ms. Haley’s momentum, halting Mr. Trump’s seemingly inexorable march to the Republican nomination promises to be a slog. With a wide edge in national and early-state polls, the former president is running effectively as an incumbent, with legions of supporters prepared to vote solely for him.Several donors and advisers described two groups taking shape among the major, top-dollar donors:First, those who have yielded to the likelihood that Mr. Trump, however they may feel about him, will probably be the nominee, and have decided to stop funding potential alternatives. Second, those who believe that with enough financial resources and a savvy field operation, Ms. Haley could unseat him.Despite the long odds, her financial supporters say they see a path to victory.“There were people that don’t like Trump at all but were very skeptical that he could be stopped,” said Eric Levine, a Republican fund-raiser who leads the bankruptcy and litigation practices at Eiseman Levine Lehrhaupt & Kakoyiannis. “They now believe he can be stopped,” he said, pointing to Ms. Haley’s steady climb in the polls.Mr. Levine, who initially backed Senator Tim Scott of South Carolina, is co-hosting a Haley fund-raiser on Dec. 4. “His aura of invincibility is just peeled away completely,” he said.A spokeswoman for Ms. Haley’s campaign declined to comment.Polls show that Ms. Haley has gained traction against Gov. Ron DeSantis of Florida, who has held the No. 2 spot in national surveys all year. In Iowa, she has pulled nearly even with Mr. DeSantis, even as he has pursued an all-in strategy for that state. In New Hampshire, where she is in second place, she has been nearing 20 percent in polling averages.Her campaign said she pulled in $1 million in the first 24 hours after the last debate on Nov. 9, where she distinguished herself for her hawkish positions on Ukraine and Gaza and for her scathing dismissal of Vivek Ramaswamy, a rival she called “scum.”And while fund-raising numbers for the fourth quarter have not yet been released, interviews with about 20 financial and corporate executives suggest that more big checks will soon arrive.Ms. Haley’s $11.6 million war chest has already been bolstered by campaign contributions from wealthy Wall Street executives, including the fund manager Stanley Druckenmiller and the private-equity investor Barry Sternlicht.“I’m supporting Nikki because I think the nation needs to move on from the divisiveness and fear-mongering of the far left and right,” Mr. Sternlicht said. “I’m also opting in for a fresh face, a younger person who more accurately reflects the nation.”Timothy Draper, a venture capitalist in California, was an early backer, pouring $1.25 million into a super PAC supporting her. In recent weeks, he said, he has fielded interest from Democrats and Republicans and, notably, many women. “I think she can unify the country,” he said.Ms. Haley has mingled with Gary D. Cohn, the onetime Goldman Sachs president who served as Mr. Trump’s top economic adviser at the same time Ms. Haley was U.N. ambassador, and the investment banker Aryeh Bourkoff, who co-hosted a fund-raiser for her in Manhattan on Nov. 14.Her team is discussing policy with representatives for Kenneth C. Griffin, the billionaire hedge fund founder, on topics running the gamut from increasing students’ access to high-quality education to how to ensure a strong national defense, according to a person briefed on their discussions.Mr. Griffin recently told Bloomberg News that he was “actively contemplating” backing her, but he has not made up his mind, this person said.Students at Emmaus Bible College in Dubuque, Iowa, listening to Ms. Haley speak at a campaign event this month. She has risen in polls in Iowa, where Gov. Ron DeSantis of Florida has invested heavily. Ms. Haley’s backers, as well as some Republican observers, believe that if she can inch closer to Mr. DeSantis in Iowa or even outmaneuver him for second place, she could enter the New Hampshire primary election the next week with real momentum.If she could then reel in support from the state’s independent voters, some of them add, she could have a chance of beating Mr. Trump there.“There’s a possibility in the coming months to win New Hampshire,” said Mr. Bush, who is planning to form a political action committee to promote Ms. Haley to independent voters in the Granite State, not far from where he lives in Maine.Mr. Bush also plans to repeat his virtual fund-raiser to introduce her to new donors without asking her to spend unnecessary time working a cocktail party. (He said that he invited his Bush cousins to the November event, but that none of them attended.)An upset in New Hampshire could also move the needle during the Feb. 24 primary in Ms. Haley’s home state, South Carolina, where she was governor before serving in the Trump administration. She is polling second there, trailing the former president badly.The leanness of Ms. Haley’s campaign has become an asset. In the third quarter, her campaign spent $3.5 million, about 43 cents of every dollar it took in, a far lower rate than candidates like Mr. DeSantis as well as Mr. Scott, who dropped out this month.Some Wall Street executives, many of whom are focused on government spending and debt, note approvingly that Ms. Haley largely flies commercial.For some deep-pocketed donors, the openness to Ms. Haley stems from desperation.“I would take anyone not over 76 or crazy,” said Michael Novogratz, the chief executive of the cryptocurrency firm Galaxy Digital, a past Biden supporter who is now exploring both Ms. Haley and Representative Dean Phillips, the Minnesota Democrat who is mounting a last-ditch bid for his party’s nomination. Mr. Novogratz said that Mr. Trump was too divisive and that Mr. Biden was too old.Ms. Haley is someone he might support, he said, as is former Gov. Chris Christie of New Jersey.“Unfortunately,” he added as a caveat, “I don’t see either beating Trump.” More

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      A New Group Linked to DeSantis Allies Pops Up in Iowa

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      The group, Fight Right, was registered in recent days as Gov. Ron DeSantis tries to boost his momentum heading into the Iowa caucuses.A new political group with ties to Gov. Ron DeSantis of Florida began reserving airtime in Iowa on Monday, a surprising new player in the 2024 Republican primary that has emerged with less than two months until the Iowa caucuses.The reservations — more than $700,000 as of early Monday afternoon — were being made by an entity called Fight Right, according to AdImpact, a media-tracking company. A nonprofit by that name, Fight Right Inc., was registered in Florida last week and a super PAC with the same name was also registered with the Federal Election Commission by a Tallahassee-based treasurer, state and federal records show.The ads, which will begin on Thanksgiving, are expected to oppose Nikki Haley, the former South Carolina governor, according to AdImpact. Ms. Haley has steadily risen in the polls, though both she and Mr. DeSantis still trail far behind the front-runner, Donald J. Trump.The emergence of a new pro-DeSantis group at this stage of the race is unusual, in part because Mr. DeSantis has worked so closely with Never Back Down, his primary super PAC, after transferring $82.5 million to the group this year.Since then, however, tensions have flared between Never Back Down and the DeSantis campaign over strategy, including over a publicly posted memo ahead of the first debate that left Mr. DeSantis angry and frustrated. Earlier in the summer, the campaign wrote a memo of its own that appeared to second-guess some of the super PAC’s tactics.The new Florida nonprofit, Fight Right Inc., listed three directors on its state filing, all of whom have ties to Mr. DeSantis, including Jeff Aaron, a Florida lawyer and DeSantis appointee who incorporated the group. The two other listed directors are David Dewhirst, a lawyer whose LinkedIn page described him as a senior adviser in the governor’s office, and Scott Ross, a managing partner at a Tallahassee lobbying firm, Capital City Consulting, which has been closely aligned with Mr. DeSantis.New entities such as Fight Right sometimes spring up in the middle of a campaign to fulfill the strategic wishes of donors, and it was unclear what specifically led to the creation of Fight Right. AdImpact showed that the same firm that has reserved Never Back Down’s advertising, AxMedia, reserved the airtime for the new group.The DeSantis campaign did not immediately respond to a request for comment. Mr. Aaron and Mr. Ross did not respond to emails and Mr. Dewhirst could not be reached immediately.Mr. DeSantis has banked much of his candidacy on a strong showing in Iowa, where the most recent Des Moines Register/NBC News/Mediacom poll showed Mr. Trump far ahead. Mr. Trump had 43 percent support and Mr. DeSantis was tied with Ms. Haley at 16 percent.Super PACs for Mr. DeSantis and Ms. Haley have spent millions of dollars in recent weeks attacking one another.Candidates and super PACs are legally forbidden from coordinating on strategy in private. But the DeSantis campaign and Never Back Down have worked together exceptionally closely, with the super PAC renting a bus in recent months to take the governor across Iowa and organizing campaign stops to help him fulfill his promise to appear in all of the state’s 99 counties.Over the weekend, Mr. DeSantis visited his 98th county, leaving only one remaining. He also appeared for the first time aboard his own campaign bus. More