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Why Megadonors Are Unfazed by Donald Trump's Guilty Verdict

·1 min

Donald Trump, the former U.S. president, has been convicted of a felony - the first sitting or former president to face such a conviction. The jury found him guilty of falsifying business records to hide a sex scandal with a porn star during his 2016 campaign. However, despite the conviction, Trump’s support among big donors from Wall Street and Silicon Valley remains strong. Republican mega donors and some prominent figures in Silicon Valley are still backing Trump, with some even increasing their support. The article suggests that unhappiness with President Biden could be one reason for this continued support.