While Ron DeSantis hasn’t officially declared his candidacy for the 2024 election or picked a campaign slogan, the Florida Governor could find himself the inspiration of a future exchange-traded fund if things work out for himself and a GOP donor.
What Happened: Former president Donald Trump was not the first politician to use the phrase “Make America Great Again.” The use of the phrase and the acronym MAGA became a rallying cry in the 2016 election and even found its way as a ticker for an exchange-traded fund.
Launched in 2017, the Point Bridge America First ETF (BATS: MAGA) was founded by Hal Lambert.
Lambert, who served on Trump’s inaugural committee in 2016, is moving on from the former president.
“I’m in for DeSantis this time. I plan to do a lot to help DeSantis win,” Lambert told the New York Post.
Lambert was among the biggest Republican donors and a former strong ally for Trump. DeSantis has not declared his official candidacy for the 2024 election but was rumored to be making an official announcement this week.
Lambert had dinner with DeSantis and the Florida governor’s wife Casey three weeks ago, according to the report. Lambert was impressed during the dinner and swayed ...
Related tickers: MAGA.
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