One of the wealthiest and most influential Republican donors in the country is throwing his support to Senator Marco Rubio of Florida, a decision that could swing millions of dollars in contributions behind Mr. Rubio at a critical point in the Republican nominating battle.
The decision by the donor, Paul Singer, a billionaire New York investor, is a signal victory for Mr. Rubio in his battle with his rival Jeb Bush for the affections of major Republican patrons and the party’s business wing.
It comes as a major blow to Mr. Bush, who is seeing his once vigorous campaign imperiled by doubts among supporters, and whose early dominance of the race was driven by his financial muscle. Mr. Bush and several other candidates, including Gov. Chris Christie of New Jersey, had competed fiercely for Mr. Singer’s blessing.
Eventually, a lot of money was going to be funneled to the actual politician acceptable to party elites who emerged as the most viable alternative to Trump and Carson. With Walker out and Jeb¯\_(ツ)_/¯ only formally not out, that person is Rubio. His fundraising is about to get a major boost, even though party elites seem lukewarm toward him ex ante.