Wall Street and Silicon Valley Elites Are Warming Up to Trump

Evidence of this revolt of the winners is getting hard to ignore. Cantor Fitzgerald LP Chief Executive Officer Howard Lutnick and hedge fund manager John Paulson are hosting a fundraiser for Trump in April, Bloomberg News reports. Activist investor and Walt Disney Co. foil Nelson Peltz endorsed Trump in an interview with the Financial Times. Even plutocrats like hotel developer Robert Bigelow, who initially spurned Trump to become Florida Governor Ron DeSantis’ biggest donor during the primary, have reversed course to back his candidacy. And Griffin, a supporter of DeSantis and former South Carolina Governor Nikki Haley in the GOP primary, said on CNBC on March 12 that “for investors, overall, a Trump administration is good for our capital markets. It encourages the sense that government is aligned with you and not opposed to you.” Griffin stopped short of endorsing Trump, as did Jamie Dimon, the CEO of JPMorgan Chase & Co., who in January called Trump “an amazing political figure.”