U.S. Senator Marco Rubio may have to walk a fine line with donors. The Republican presidential hopeful's strong third-place finish was the big surprise of Monday's contest in Iowa to help choose the party nominee. He's the probable front-runner for the establishment's vote, firmly pushing aside a fading rival, former Florida Governor Jeb Bush. With anti-Wall Street sentiment running high, however, its support carries risks.
Rubio has already gained the support of some of the financial world's biggest donors, including Paul Singer of Elliott Management and Ken Griffin of Citadel. Yet contributions to his campaign aren't overwhelming. His super PAC raised slightly more than $14 million in the second half of 2015, according to the latest campaign-finance reports. Bush's hauled in $15 million.
The unpredictable nature of the Republican race has kept many backers on the sidelines. For example, Doylene Perry, the widow of Texas builder Bob Perry, has yet to step forward even though she and her husband were one of the top GOP contributors in 2012.