Republicans closing checkbooks to Trump, chaos ensues

By apnu

Republican donors want nothing to do with Donald Trump.

On Wednesday morning, the presumptive GOP nominee, who has largely self-financed his presidential bid so far, announced that he would be soliciting checks from small contributors and would soon make a decision about whether to accept big contributions from the ranks of Republican megadonors.

But in interviews with more than a dozen major GOP funders, not one on Wednesday would commit to donating to Trump. Some raised the possibility that they would focus solely on giving to House or Senate candidates.

Others went further in expressing their discontent: Representatives of Charles and David Koch, the billionaire industrialists who helped to bankroll the rise of the tea party, warned the brothers could sit out the presidential campaign entirely — or even back Hillary Clinton.

With so many of the GOP’s funders closing their checkbooks, battles over money are breaking out behind closed doors. And as concern grows that Republicans will suffer a shortfall that could stymie candidates up and down the ballot, some foresee looming cash fights pitting Trump against congressional Republicans who are anxious to preserve their hard-won majorities.

Read more: http://www.politico.com/story/2016/05/trump-megadonors-koch-22282