Billionaire-backed Koch network to stop funding Nikki Haley after defeat

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Billionaire-backed Koch network to stop funding Nikki Haley after defeat
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  • 📰 FT
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Move by Americans for Prosperity Action shows support for Trump rival fading after her loss in South Carolina

A political spending group backed by conservative billionaire Charles Koch said it would stop funding Nikki Haley’s presidential campaign, in a blow to Donald Trump’s main Republican rival after she suffered a defeat in the South Carolina primary on Saturday.

Haley has campaigned as a traditional mainstream Republican, with hawkish positions on national security and professing staunch fiscal conservatism. Lately she has been blasting Trump for his temperament and the “chaos” he has brought to US politics. California venture capitalist Tim Draper, one of Haley’s top donors, told the Financial Times on Sunday: “I am thrilled she is in this to win it. Anything can happen in politics, especially this time.

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