Connect with us

Hi, what are you looking for?

Latest News

FreedomWorks, once influential conservative group, blames Trump after announcing it’s shutting down: report

FreedomWorks, the once influential conservative group that helped spur the tea party movement, is reportedly shutting its doors and blaming the influence of Donald Trump for its demise.

FreedomWorks President Adam Brandon told Politico in an exclusive interview published Wednesday that the group has dissolved, ‘effective immediately.’ Wednesday marked the last day for the organization’s roughly two dozen staff members.

Fox News Digital has reached out to multiple members, including Brandon, but the outlet reported that FreedomWorks’ board of directors had voted unanimously to shut down immediately.

The group laid off just under half of its staff last year, and its revenue has plummeted by almost as much since 2022, according to the report.

Brandon said the ideological upheaval of the Trump era ultimately led to FreedomWorks’ demise. He said Trump’s rise created a rift between libertarian-leaning conservatives and the MAGA-style populism of Trump supporters.

‘A lot of our base aged, and so the new activists that have come in [with] Trump, they tend to be much more populist,’ Brandon told the outlet. ‘So, you look at the base that just kind of shifted.’

The shift, he said, was seen even in FreedomWorks’ own members, which divided into MAGA and ‘Never Trump factions.’

This impacted the group’s ability to raise money, noting that donors are increasingly asking: ‘What are you doing for Trump today?’ Still, others complained that the group was doing too much to help the former president, putting Brandon in an impossible position.

‘[W]e’re not for or against Trump,’ said FreedomWorks’ board member Paul Beckner, according to Politico. ‘We’re for Trump if he’s doing what we agree with, and we’re against if he’s not. And I think we’ve seen an erosion of conservative donors.’

Brandon said he has his eyes set on launching a new libertarian-leaning organization focused on politically independent millennials and Gen Z’ers.

This post appeared first on FOX NEWS

You May Also Like

Stock

In this video from StockCharts TV, Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative...

Latest News

Independent presidential candidate Robert F. Kennedy, Jr. has revealed what he says is his path to the White House as he faces increased pressure...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares...

Economy

Chair Jerome Powell leads the Federal Open Market Committee (FOMC) press conference. 2022. Inflation is once again on the decline, new data from the...



Disclaimer: Paybackinvestigators.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2023 Paybackinvestigators.com