Republican megadonors scramble as they 'run out of time' to pin down 'establishment alternative'

Ahead of the Iowa caucuses in January, GOP mega donors who are looking to replace ex-President Donald Trump as the leading 2024 GOP nominee are "starting to run out of time" — but not giving up hope, according to a Wednesday Axios report.

Some mega-donors, like Home Depot co-founder Bernie Marcus are certain the MAGA hopeful will prevail, though Trump is not his first choice.

"There are people I've spoken to that are still sitting on the fence, that don't know what to do," Marcus said to ABC News, according to Axios. "They dislike the person Trump, but they recognize that the talent is there."

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Additionally, in a recent op-ed for Real Clear Politics, he wrote, "Let's face it: Donald Trump is going to win the nomination."

However, other major Republican donors are looking to help ex-South Carolina Governor Nikki Haley take Trump's place.

Axios points out "Deep-pocketed establishment donors have been lining up behind Haley," such as GOP mega-donor Ken Griffin who said earlier this month that he is "actively contemplating" supporting Haley, and JPMorgan Chase Chief Executive Officer Jamie Dimon, who "has had private conversations with her."

Furthermore, "Americans for Prosperity Action, the leading political arm of the Koch network, said that Haley "will have the full weight and scope of AFP Action's unmatched grassroots army and resources," according to the news outlet.

Narrative Strategies founding partner Ken Spain emphasized, "The hope is this is increasingly becoming a two-person race with [former UN ambassador Nikki Haley] ... as the establishment alternative. It's still long shot, but a bet worth placing if you're an anti-Trump big money donor."

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Axios' full report is available here.