Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Bill Clark/CQ Roll Call
A week after President Trump endorsed Ron DeSantis for Florida governor via Twitter, a handful of billionaires have thrown their support behind the three-term Republican congressman, per Politico.
Why it matters: The monetary support DeSantis has received could prove instrumental in his race, because in a "state as big as Florida, where a week's worth of saturation TV during next year's general election could cost as much as $3 million, cash is king," per Politico.
Supporters include casino magnate Sheldon Adelson, hedge fund heiress Rebekah Mercer, investment tycoon Foster Friess, as well as other donors who have funded Trump's 2016 campaign and the conservative Koch brothers' network, per Politico.
The Trump effect: DeSantis reflects the shifting type of Republican candidate under Trump: he's a Fox News contributor, a member of the conservative House Freedom Caucus, a supporter of Trump's recent decision to make Jerusalem the home of the U.S. embassy in Israel, and he opposes Special Counsel Bob Mueller's Russia probe (even calling for it to end after just six months).