Our Principles PAC was a super PAC established in January 2016 as part of the

Never Trump movement The Never Trump movement, also called the #nevertrump, Stop Trump, anti-Trump, or Dump Trump movement, began as an effort on the part of a group of Republicans (known as Never Trump Republicans) and other prominent conservatives to prevent R ...

. Its goal was to oppose

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...

's campaign for president. Our Principles PAC was led by Katie Packer, who was deputy campaign manager of Mitt Romney's 2012 campaign. The month of the Iowa caucuses, the group sent out mailers to voters in the state, attacking Trump. In March, it released a video attacking Trump, featuring women reading some of his sexist statements about women. During the 2016 presidential election campaign, New York-based

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as s ...

billionaire Paul Singer, whose corporation

Elliott Management Corporation Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limit ...

(EMC) specializes in

distressed debt Distressed securities are securities over companies or government entities that are experiencing financial or operational distress, default, or are under bankruptcy. As far as debt securities, this is called distressed debt. Purchasing or holding ...

acquisitions, was one of the group's donors. Singer supported Marco Rubio.

References

External links

*{{webarchive , url=https://web.archive.org/web/20160923041554/http://www.ourprinciplespac.com/ , date=September 23, 2016 , title=Our Principles PAC United States political action committees Never Trump movement