GOP Megadonor Who Backed Haley Now Funding Trump

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Warren Stephens and two other key GOP donors will appear at a $43 million fundraising event for former President Donald Trump on April 6.

A significant financier of Nikki Haleyโ€™s presidential run is now throwing his weight behind former President Donald Trump.

According to an updated copy of the invitation to a fundraiser for a joint fundraising committee backing President Trump seen by The Epoch Times, Warren Stephens will be a co-chair of the Trump 47 Committeeโ€™s so-called Inaugural Leadership Dinner to be held on April 6 in Palm Beach, Florida.

The invitation said President Trump will be in attendance, along with Sen. Tim Scott (R-S.C.), North Dakota Gov. Doug Burgum, and businessman Vivek Ramaswamy, all of whom were candidates in the 2024 Republican presidential primary.

Mr. Stephens, CEO of Stephens Inc., along with some of his relatives, was a significant backer of former U.S. Ambassador to the U.N.โ€™s bid for the GOPโ€™s 2024 presidential nomination.

According to Federal Election Commission records, Warren Stephens and his wife, Harriet Stephens, gave $2 million to a hybrid political action committeeโ€”SFA Fund Inc.โ€”to support Ms. Haleyโ€™s candidacy in 2023.

In January 2024, Warren Stephens, Harriett Stephens, and Laura Stephens, a senior marketing communication manager at Stephens Inc., sent a collective $1 million to SFA Fund.

A spokeswoman representing event co-host John Paulson previously told The Epoch Times the Trump 47 fundraiser is expected to generate $43 million to support President Trump, the Republican National Committee, and various Republican Party interests across the United States.

Mr. Stephensโ€™ inclusion in the list of co-chairsโ€”which includes GOP donor heavyweights like Robert Bigelow, Robert Mercer, and Steve Wynnโ€”is a critical conversion for President Trumpโ€™s campaign.

With a portion of the American electorate and a number of big-spending donors previously picking Ms. Haley, both President Trump and his presumed general election opponent, President Joe Biden, are now working to court her former supporters.

President Trump previously said anyone who gave to Ms. Haley would be โ€œpermanently barred from the MAGA camp.โ€

Byย Austin Alonzo

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