1/4/2018

GOP/STEVE BANNON/TRUMP AS PRESIDENT: “Enthusiasm for Stephen K. Bannon’s plans for a fiery Republican revolution had already been fading among some of the donors and candidates he was relying on to upend the party’s establishment.
But Mr. Bannon’s provocative remarks about President Trump and his family, reported in a new book now scheduled to be released this week, and Mr. Trump’s angry response, further alienated some of Mr. Bannon’s most important backers — including the family of the hedge fund magnate Robert Mercer — leaving Mr. Bannon confronting the possibility of a dire fate for a publicity-hungry provocateur: political irrelevance.
The Mercers were blunt on Thursday in cutting the cord, reiterating support for Mr. Trump while disavowing Mr. Bannon’s remarks and disowning his political endeavors…
Mr. Bannon’s predicament highlights a stark reality in American politics, unchanged even after Mr. Trump’s convention-defying victory: The influence of even the most influential political strategists is inextricably linked to the donors behind them and the politicians in front of them.”

-Kenneth P. Vogel, Jonathan Martin, and Jeremy W. Peters, “Led by the Mercers, Bannon’s Allies Abandon Him,” The New York Times online, Jan. 4, 2018