https://pjmedia.com/columns/stacey-lennox/2021/10/19/peter-thiel-set-to-influence-2022-in-a-big-way-n1525109
It appears Thiel’s desire to influence GOP politics is not over.
Politico reports that Thiel contributed the maximum amount to Harriet Hageman, who is challenging Representative Liz Cheney (R-Wyo.). This follows President Trump’s endorsement of Hageman. He has also donated to Joe Kent, Representative Jaime Herrera Beutler’s (R-Wash.) primary challenger. Both sitting representatives voted to impeach President Trump after he left office. Apparently, Thiel has met with Trump since the 2020 election, according to the Wall Street Journal.
The reemergence of Thiel as an ally of Trump is a different posture than the co-founder of Pay Pal and Palantir took in 2020. Reports emerged during that summer that Thiel was frustrated with the COVID-19 response and was worried about the impact the economic downturn would have on the election. He reportedly told sources that he would likely still vote for Trump, as he found Biden an unpalatable choice.
Thiel’s support for Trump made him a pariah in Silicon Valley, and in 2018 he relocated his home and Thiel Capital to Los Angeles. Reportedly, he even considered leaving the board of directors of Facebook, where he started serving in 2005 and was an early investor. As of today, he is still on the board. However, it seems many of the issues he raised in his 2016 RNC speech are still on the table.
In the speech, he noted the general economic malaise that existed outside of his industry. Thiel seemed concerned with the situation Americans in flyover country were dealing with, from falling wages to increasing costs for healthcare and college tuition. “Our economy is broken,” he said, noting that he and Trump were both builders and not politicians. However, he also emphasized the incompetence of our government in the 21st century:
And you know this isn’t the dream we looked forward to. Back when my parents came to America looking for that dream, they found it right here in Cleveland. They brought me here as a one-year-old and this is where I became an American. Opportunity was everywhere. My dad studied engineering at Case Western Reserve University, just down the road from where we are now. Because in 1968, the world’s high tech capital wasn’t just one city: all of America was high tech.