Donald Trump, the GOP nominee, has become a new front in the war between the party’s white-collar base and its rank-and-file voters.
The New Yorker editorial board published its editorial Monday morning, saying that Trump’s candidacy is no less “conservative” than its GOP predecessors.
The paper also argued that Trump has no obligation to the voters he will be trying to win over.
The editorial is based on a review of Trump’s 2016 and 2020 campaign finance reports, along with other documents that the campaign has released.
It calls the Republican nominee’s campaign a “reminiscent of the American Revolution, an era of American democracy” that will usher in “a new era of governance and prosperity” and “a rebirth of the Republican party.”
It notes that Trump did not raise a single dime from his own party’s donor base, despite his numerous investments and business ventures.
The board wrote that Trump “will not be able to sustain this type of campaign without the support of the billionaire class.”
The New Republic, a liberal magazine that was a prominent backer of Trump during the primary, also endorsed him.
But the editorial board acknowledged that Trump will not be the GOP’s standard-bearer for the foreseeable future.
“He is not a man for whom the future is fixed.
He has made it clear he will not give up until he has won the nomination,” the editorial said.
Trump did indeed have a number of major financial commitments to make during his campaign.
The newspaper acknowledged that some of those commitments are beyond Trump’s control, but they are also what the Republican presidential nominee has pledged to honor in the months to come.
The article also argued for the elimination of a provision in the 2010 Dodd-Frank financial reform law that allows financial institutions to charge their customers higher fees for smaller amounts of transactions.
Trump has made clear that he does not intend to use the provision to charge the average American more money for less financial services, the editorial concluded.