‘It’s a significant shift in our thinking’: Business takes fresh look at Democrats

The following article by Lorraine Woellert and Marianne Levine was posted on the Politico website July 31, 2018:

If businesses shift significant support away from Republicans, it could deal a blow to GOP fundraising. But some Democrats are skeptical that the talk will translate into cash for their campaigns.

Americans for Prosperity President Tim Phillips (left) said that the political network would not help Rep. Kevin Cramer (R-N.D.) in his Senate race against Democratic incumbent Heidi Heitkamp, citing inconsistencies on a range of Koch priorities. Credit: Andrew Harnik, AP Photo

Business groups, at war with President Donald Trump over trade and immigration, say they’re taking steps to rebuild the political center — including taking fresh looks at moderate Democrats.

The American Bankers Association this month began airing ads in support of candidates for the first time, including Democrats Sen. Jon Tester of Montana and Rep. Lou Correa of California. The International Franchise Association has more than doubled its support to Democrats this cycle, with 27 percent of its donations going to centrists in the party. The U.S. Chamber of Commerce, which leans heavily Republican, endorsed Democratic Rep. Josh Gottheimer of New Jersey over Republican John McCann, who has the support of former Trump aide Sebastian Gorka.

Even the powerful Koch network appears to be withholding some support for the Republican Party, if not outright supporting Democrats. Americans for Prosperity President Tim Phillips said at a donor retreat Monday that the political network would not help Rep. Kevin Cramer (R-N.D.) in his Senate race against Democratic incumbent Heidi Heitkamp (D-N.D.), citing inconsistencies on a range of Koch priorities.

View the complete article here.