Donald Trump’s billionaire backer Robert Mercer hits panic button, seems to think he’ll be arrested

Robert Mercer is the billionaire who largely funded the Donald Trump campaign. Mercer also owns a large stake in Breitbart and Cambridge Analytica, two entities which were intertwined with the campaign. Last week it was revealed that the latter was attempting to conspire with Russia to alter the outcome of the election. Now Mercer is suddenly hitting the panic button today, making a series of life changing moves which seem to suggest he thinks he’s about to be arrested in the Trump-Russia scandal.

Mercer announced today that he’s resigning from his day job as co-CEO of a major hedge fund. He’s also selling his stake in Breitbart, and he put out a statement distancing himself from Breitbart personalities Steve Bannon and Milo Yiannopoulos. For years, Robert Mercer and his daughter Rebekah Mercer have been funding any project that Bannon wanted, so this represents a fundamental change. Mercer is now coming off as a man who is rapidly trying to get his affairs in order, because he fears what’s about to happen next.

The explanation for Robert Mercer’s dive off the deep end may lie with his daughter. Emails recently surfaced in which the head of Cambridge Analytica admitted to trying to conspire with Russian puppet Julian Assange with regard to emails stolen from Hillary Clinton. This appears to have been a violation of federal law. Subsequent emails revealed that Rebekah Mercer was aware of this plot at the time

There’s virtually no question Special Counsel Robert Mueller is already investigating the role that Cambridge Analytica played in the Trump-Russia election conspiracy. The recent revelation roping in Rebekah Mercer means she’ll be a subject of that investigation if she isn’t already. This puts Mueller remarkably close to Robert Mercer, the guy who’s been funding Trump’s foray into politics.

Robert Mercer is now quickly divorcing himself financially from his own companies and investments, suggesting that he fears he’ll soon no longer be in a position to run them. Is he planning to voluntarily take the fall in order to protect his daughter, or does he simply fear Robert Mueller is about to arrest him? Stay tuned.

Bill Palmer is the publisher of the political news outlet Palmer Report