Cubs co-owner takes over President Donald Trump's re-election fundraising

Todd Ricketts has been very active in the world of conservative politics over the last few years. (Photo by Drew Angerer/Getty Images)
Todd Ricketts has been very active in the world of conservative politics over the last few years. (Photo by Drew Angerer/Getty Images)

The Republican National Committee announced Friday that Chicago Cubs co-owner Todd Ricketts will oversee the fundraising for President Donald Trump’s re-election campaign in the 2020 presidential election.

Ricketts’ official title will be finance chairman of the Trump Victor Committee, a joint venture between the RNC and Trump’s campaign.

“I am honored to continue to support President Trump and the Republican Party through the Trump Victory Committee,” Ricketts said in a statement per the Chicago Sun-Times. “As we head toward 2020, I will work to ensure President Trump and his campaign have the resources they need to fight for the American people.”

Ricketts is the son of TD Ameritrade founder Joe Ricketts and a member of a billionaire family that has wielded much influence in the Midwest, particularly with Ricketts’ brother Pete serving as the current governor of Nebraska. The family purchased a majority stake in the Cubs in 2009.

Ricketts has served as the RNC as its finance chair since Jan. 2018, though he has also made his own contributions to political causes, including an ad praising Supreme Court nominee Brett Kavanaugh’s strong moral character. He received the RNC position after withdrawing his name from consideration for the position of deputy commerce secretary in the Trump administration due to an inability to divest from his financial holdings.

It’s quite a turnaround that Ricketts is now running Trump’s fundraising given that his family fought Trump’s bid for the Republican nomination in the 2016 primary. The family, excluding Todd’s sister Laura, initially supported then-Wisconsin governor Scott Walker, they also made smaller donations to Jeb Bush, Ted Cruz, Marco Rubio and Lindsey Graham. They also helped fund an anti-Trump super PAC called Our Principles.

That activity drew the ire of Trump, who called out the Ricketts by (misspelled) name and threatened to expose some skeletons in the family’s closet.

Of course, that hatchet has since been buried. That started with a $1 million contribution to Trump’s campaign once he won the Republican nomination.

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