A political spending group backed by conservative billionaire Charles Koch said it would stop funding Nikki Haley’s presidential campaign, in a blow to Donald Trump’s main Republican rival after she suffered a defeat in the South Carolina primary on Saturday.
The move by Americans for Prosperity Action is a signal that Haley’s support among top Republican Wall Street and corporate donors — which has helped sustain her White House bid — is starting to fade as Trump’s victory in the Republican nomination contest appears assured.
But even as it stopped funding Haley’s run, AFP Action did not shift to backing Trump, suggesting that the group may remain on the sidelines of the presidential race.
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