Koch Network Pulls Funding From Nikki Haley’s Campaign After Loss In South Carolina

The political landscape is frequently treacherous, with alliances forming and breaking with the ebb and flow of electoral tides. Koch Network pulls funding from Nikki Haley’s campaign after suffering a huge loss to Donald Trump in South Carolina.

Nikki Haley, the former US Ambassador to the United Nations and a prominent Republican figure faced a difficult campaign in her home state. However, her defeat to former President Donald Trump dealt a significant setback to her ambitions. The South Carolina primary, held on Saturday, became the battleground where Haley’s political fate was on the line.

Americans for Prosperity Action (AFP Action), the Koch network’s political arm, was a strong supporter of Haley’s campaign. Their financial support provided critical resources for her presidential campaign.

However, in the wake of her defeat, AFP Action has decided to suspend its funding. The network, backed by billionaire Charles Koch, made the announcement the day after Haley’s defeat in South Carolina.

Emily Seidel, CEO of AFP Action, explained the decision in an internal email to her staff. She stated, “Given the challenges in the primary states ahead, we don’t believe any outside group can make a significant difference in broadening her path to victory.” So, while we will continue to support her, we will direct our resources where they can make a difference.” In essence, the network continues to support Haley’s candidature but will now express it in words rather than money.

Haley’s problems extend beyond the Koch network. Reid Hoffman, a billionaire known for his tech ventures and political involvement, also contributed financially to her campaign. However, he also withdrew his support in January. The combination of AFP Action and Hoffman’s decisions have put Haley’s campaign in jeopardy.

Despite these setbacks, Nikki Haley remains determined. Her campaign has confirmed that she will remain in the race until Super Tuesday on March 5. In a statement, Haley’s team thanked AFP Action for their contributions to the fight for freedom and conservative government. They emphasised their determination to continue the fight, boosted by grassroots conservative contributions totaling more than $1 million in the last 24 hours.