Koch-Backed Group Drops Financial Backing for Haley

Americans for Prosperity Action, the conservative network championed by entrepreneur Charles Koch, is pausing its financial backing of GOP presidential hopeful Nikki Haley in the wake of Haley’s recent defeat to former President Donald Trump in the primary in South Carolina, her home state, CNBC reports.

While Americans for Prosperity Action continues to stand behind Haley’s candidacy for the presidency, it will now offer its support solely through vocal endorsement rather than financial contributions, according to the group.

“Given the challenges in the primary states ahead, we don’t believe any outside group can make a material difference to widen her path to victory,” AFP Action CEO Emily Seidel wrote in a staff email. “And so while we will continue to endorse her, we will focus our resources where we can make the difference.”

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