Paul Singer, the billionaire Jewish donor who led Republican opposition to Donald Trump, has reportedly flip-flopped and is now shamelessly cozying up to the soon-to-be commander in chief.
Singer once famously predicted that Trump would spark a “widespread global depression” if elected has made a substantial donation to the incoming president’s inaugural committee. He also attended a fundraising breakfast that Trump held Wednesday on Wall Street in New York, CNBC reported.
The Elliott Management founder was one of the most outspoken critics of Trump during the primary election campaign and contributed millions to his rivals and outside groups seeking to block Trump.
He told a conference last summer that Trump’s economic policies were “close to a guarantee of a global depression, widespread global depression.”
Sources told the financial network that Singer and Trump have spoken since the election and that Singer is now encouraged by the cabinet Trump is putting together, which includes a number of Wall Street heavyweights.
Singer is far from alone in reversing course on Trump now that he is White House-bound.
Ex-rivals Ted Cruz and Marco Rubio both endorsed Trump during the general election campaign. And Mitt Romney, who famously derided Trump as a “fraud” is now angling to be the mogul’s secretary of state.
This story "Billionaire Paul Singer Backs the Donald Despite #NeverTrump Vow" was written by Dave Goldiner.
Dave Goldiner is the Forward’s director of digital media. Dave is a veteran journalist who has spent two decades working at newspapers in the United States and Africa. A native New Yorker, Goldiner wrote for the New York Daily News, where he covered some of the biggest stories of our time, including the attacks of September 11, along with thousands of stories of hope and heartbreak. He also studied and worked in Southern Africa and has written for publications in South Africa and Zimbabwe. He holds masters degrees in journalism and public administration from Columbia University. Dave can be reached at email@example.com, or follow him on Twitter @davegoldiner