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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
A super political action committee backed by billionaire Charles Koch endorsed Republican presidential candidate Nikki Haley on Tuesday, boosting the former UN ambassador at a crucial point in the 2024 primary race.
The support of Americans for Prosperity Action — a well-funded group that boasted nearly $75mn on hand at the end of June — could be critical in Haley’s attempt to pass Florida governor Ron DeSantis and take on former president Donald Trump, the clear Republican frontrunner.
“Nikki Haley offers America the opportunity to turn the page on the current political era, to win the Republican primary and defeat Joe Biden,” said Emily Seidel, Americans for Prosperity’s chief executive.
Haley has enjoyed a steady rise in support due to her strong performances in the debates and has won over some of the party’s major donors. Her supporters also point to polling suggesting she would be the strongest Republican candidate against Joe Biden next year.
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