This is where stories like the Voyeur incident start to become a problem for the RNC: if donors shy away from giving money, then the committee is encountering a difficulty in its main objective--to raise money for the party.
But it's also important to note that it doesn't actually hurt the Republican Party if donors have a problem with Steele, as the Daily Caller's story suggests they do, quoting an anonymous donor and noting the giving patterns of other donors who wouldn't comment on the record. The RNC would have used that money to get Republican candidates elected anyway, so it's not as if the party nets a loss if Steele has a hiccup with big-time GOP donors.
Another interesting story of note: National Journal's Peter H. Stone reports that GOP donors are turning toward American Crossroads, the 527 soft-money group
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