Gov. DeSantis taps ally Blaise Ingoglia as Florida CFO, snubbing President Trump's pick
Ingoglia, 54, is a Spring Hill Republican and businessman who is a staunch DeSantis ally. He owns homebuilding company Hartland Homes and listed his net worth at $28.3 million on his most recent financial disclosure.
He served as chair of the Republican Party of Florida in 2015–19 and later helped run a DeSantis political committee when the governor ran for the GOP nomination for president in 2024.
This latest move, however, also sets up a political clash between DeSantis and President Donald Trump.
On the campaign trail, Trump repeatedly bashed DeSantis on his way to easily winning the nomination and the general election. The two have thawed their frosty relationship since Trump took office in January – but that will likely change with the appointment of Ingoglia.
Trump already has endorsed state Sen. Joe Gruters, R-Sarasota, for the CFO race next year. Gruters, 48, is an accountant by trade who also served as RPOF chair, taking over after Ingoglia left the position in 2019.
Gruters is a longtime Trump backer who endorsed him over DeSantis during the primary and has already amassed a $917,000 war chest for the campaign.
Two key pieces of Trump's 2024 campaign, pollster Tony Fabrizio and senior advisor Chris LaCivita, said they'll work on Gruters' race.
'Joe is a rockstar who has earned the trust and support of President Trump,' Fabrizio said in a statement. 'DeSantis learned the hard way that opposing President Trump in statewide Republican contests is a recipe for disaster.
'Appointing a Never-Trumper for CFO over Trump's endorsed candidate will be viewed as a direct rebuke to the MAGA agenda and will end up just like DeSantis' other anti-MAGA efforts.'
Ingoglia's appointment fills a key position on the Cabinet that had been left vacant since April 1. That's when Patronis, a Panama City Republican, won a Panhandle-based U.S. House seat in a special election.
Patronis announced his resignation in December 2024 when he decided to run for the seat vacated by former U.S. Rep. Matt Gaetz, who was initially appointed to be U.S. attorney general by Trump but ran into opposition to his confirmation in the U.S. Senate.
Patronis previously urged DeSantis to name a successor well before he left office, saying the post was too important to be left vacant for long.
The CFO is in charge of paying all state vendors, leads the Department of Financial Services which oversees state insurance and financial regulators. The incumbent also acts as the state fire marshal.
But DeSantis said he wanted to vet potential candidates and didn't want to fill the post until after the legislative session, which was supposed to end May 2 but ultimately dragged on until June 16 amid a stalemate over budget talks between the state House and Senate.
Although DeSantis named an interim or temporary attorney general when that position became vacant earlier this year before eventually tapping James Uthmeier to the post, he didn't take that approach with the CFO job. Instead, Susan Miller, who was chief of staff under Patronis, has been the de facto leader of the department, acting with the authority of the CFO but without the title.
This is a developing news story. Check back later for more.
Gray Rohrer is a reporter with the USA TODAY Network-Florida Capital Bureau. He can be reached at grohrer@gannett.com. Follow him on X: @GrayRohrer.
This article originally appeared on Tallahassee Democrat: DeSantis names Ingoglia as state CFO over Trump-backed Gruters
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Nasdaq, S&P futures lifted by chip stocks after wild session
(Reuters) -Futures tracking the Nasdaq and the S&P 500 rose on Thursday, as strong results from Taiwan's TSMC boosted chipmakers after a rollercoaster session marked by concerns about the Federal Reserve's independence. At 5:45 a.m. ET, Dow E-minis were down 24 points, or 0.05%, S&P 500 E-minis were up 5.75 points, or 0.1%, and Nasdaq 100 E-minis were up 41.25 points, or 0.18%. U.S. chipmakers rose in premarket trading after TSMC, the world's main producer of advanced AI chips, posted a record quarterly profit, saying demand for artificial intelligence was getting stronger. U.S.-listed shares of TSMC gained 4% and Advanced Micro Devices rose 1.2%. Marvell inched up 0.7%, while Nvidia and Super Mirco Computers gained 0.7% and 1.3%, respectively. Netflix edged 0.5% higher ahead of its quarterly results after markets close. "The market is underestimating the potential for a big U.S. earnings beat in the second quarter. Recent data on economic activity shows few signs of troubling weakness," HSBC analysts said. Wall Street ended the previous session with modest gains, with the Nasdaq soaring to yet another record high. Markets briefly tumbled in the previous session - dropping as much as 1% - after reports surfaced that President Donald Trump was considering firing Federal Reserve Chair Jerome Powell. Although Trump swiftly denied the reports, his ongoing criticism of the central bank and hints at possible action kept investors on edge about the Fed's independence. Fed officials have resisted cutting rates until there is clarity on whether Trump's tariffs on U.S. trading partners reignite inflation. The media reports on Wednesday sent odds of a September rate cut soaring to 66%, up from 54% earlier in the day. Currently, traders see a 55% chance of cutting in September, while a July move is almost completely off the table, according to CME's FedWatch tool. Meanwhile, attention also remained on looming tariffs, with an August 1 deadline threatening higher levies for many U.S. trading partners. Trump told Real America's Voice on Wednesday that the U.S. is closing in on a deal with India and may soon reach an agreement with Europe as well. Investors will also be eyeing June retail sales data, set for release at 8:30 a.m. ET, for fresh insight into consumer spending. At least four Fed officials, including Board Governors Adriana Kugler and Lisa Cook, are slated to speak. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Investor Andreessen to take stand to defend his role in Facebook privacy case
By Tom Hals WILMINGTON, Delaware (Reuters) -Famed investor Marc Andreessen is scheduled to take the stand on Thursday to defend his role on the Facebook board of directors when it was hit with a $5 billion fine in 2019 for alleged violations of an agreement with a U.S. regulator to protect user privacy. Shareholders of Meta Platforms hope to hold the co-founder of the Andreessen Horowitz venture capital firm, along with Meta's CEO Mark Zuckerberg and others, liable for more than $8 billion in fines and legal costs the company paid in recent years to resolve claims that it had violated a 2012 agreement with the U.S. Federal Trade Commission. The FTC fined Facebook $5 billion in 2019 for failing to comply with that agreement, which is central to the case. Zuckerberg is expected to take the stand on Monday. The shareholders want the 11 defendants to use their personal wealth to reimburse the company. The defendants have denied the allegations, which they have called "extreme claims." Facebook changed its name to Meta in 2021. The company is not a defendant and declined to comment. The non-jury trial before Chancellor Kathaleen McCormick that began on Wednesday is scheduled to run through the end of next week in Delaware's Court of Chancery. A ruling in the case, which will mostly focus on decade-old events and board meetings, will likely take months after the trial. Andreessen's appearance comes after his firm last week said it was changing its state of incorporation to Nevada from Delaware, where the majority of U.S. publicly traded companies are based. His firm cited the lack of certainty in Delaware courts, pointing to two rulings, including one by McCormick last year to rescind Elon Musk's $56 billion pay package from Tesla. Most publicly traded U.S. companies are incorporated in Delaware, whose state budget relies on fees from chartering businesses. After his pay package was rescinded, Musk led his companies to incorporate in Texas from Delaware and encouraged others to follow, though only a handful have done so. Delaware's lawmakers this year overhauled the state's corporate law in a bid to prevent companies from leaving. Joel Fleming, an attorney who represents Meta shareholders, questioned if Andreessen's firm was trying to pressure the court, which he said would fail. "It's a ham-fisted attempt to do what Elon Musk did -- to huff and puff and send a message to the Court of Chancery," said Fleming. A spokesperson for the Andreessen Horowitz firm did not immediately respond to a request for comment. The case will also feature testimony from former Facebook board members Peter Thiel, Palantir Technologies co-founder, and Reed Hastings, co-founder of Netflix. Meta investors allege in the lawsuit that former and current board members completely failed to oversee the company's compliance with the 2012 FTC agreement and claim that Zuckerberg and former Chief Operating Officer Sheryl Sandberg knowingly ran Facebook as an illegal data harvesting operation. The case followed revelations that data from millions of Facebook users was accessed by Cambridge Analytica, a now-defunct political consulting firm that worked for Donald Trump's successful U.S. presidential campaign in 2016. Those revelations led to the FTC fine, which was a record at the time. On Wednesday, an expert witness for the plaintiffs testified about what he called "gaps and weaknesses" in Facebook's privacy policies but would not say if the company violated the 2012 agreement that Facebook reached with the FTC. Jeffrey Zients, a former board member, testified on Wednesday that the company did not agree to the FTC fine to spare Zuckerberg legal liability, as shareholders allege. On its website, the company has said it has invested billions of dollars into protecting user privacy since 2019. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
23 minutes ago
- Yahoo
PepsiCo: Q2 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Thursday reported second-quarter net income of $1.26 billion. The Purchase, New York-based company said it had profit of 92 cents per share. Earnings, adjusted for one-time gains and costs, were $2.12 per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.03 per share. The food and beverage company posted revenue of $22.73 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $22.39 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PEP at Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos