GOP megadonor says he won't back Trump in 2024: 'Time for America to move on'
Donald Trump, Jr with Donald Trump and Eric Trump (Joseph Sohm /

On Monday, Bloomberg News reported that a GOP megadonor has slammed the door on backing former President Donald Trump for a 2024 presidential run.

"Hedge fund manager Ken Griffin, a major donor to Republicans, ruled out supporting Donald Trump for another run for president," reported Alan Mirabella. "'I think it's time for America to move on,' he said in a discussion Monday with Erik Schatzker at the Economic Club of Chicago."

This comes amid reporting from The Washington Post that Trump had to be talked out of an early announcement by his top aides, although he still wants to run and continues to drop hints that an announcement may come in the future.

Griffin is a major donor to Florida Gov. Ron DeSantis, who has also been rumored to have presidential ambitions, although he has stated that he doesn't currently have any plans to run.

The Griffin-DeSantis relationship became marred with controversy after reports that Griffin is heavily invested in Regeneron, which makes a monoclonal COVID-19 antibody treatment DeSantis has aggressively pushed even as he mounts legal and political battles against local mask and vaccine mandates. DeSantis' campaign has denied any conflict of interest, arguing that Griffin's portfolio also contains shares of COVID-19 vaccine makers Pfizer and Moderna.