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
13 minutes ago
- Yahoo
Here is Why ProPetro Holding (PUMP) Plunged This Week
The share price of ProPetro Holding Corp. (NYSE:PUMP) fell by 13.3% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week. An oil derrick silhouetted against a rising sun with a blue sky in the background. ProPetro Holding Corp. (NYSE:PUMP) is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. ProPetro Holding Corp. (NYSE:PUMP) plunged this week following a downturn witnessed in the overall oilfield services sector, amid reports of a slowdown in drilling activity and a broader pullback in exploration and production spending. Analysts expect the sector to post a decline in earnings in the Q2 earnings season, as well as a drop in guidance for the second half of the year. Moreover, investors may also have reacted to ProPetro Holding Corp. (NYSE:PUMP) recently announcing a change in leadership, with Mr. Caleb Weatherl appointed as the company's new CFO on July 14, 2025. Following the recent decline, the share price of ProPetro Holding Corp. (NYSE:PUMP) has plunged by over 42% since the beginning of 2025. While we acknowledge the potential of PUMP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Sign in to access your portfolio
Yahoo
13 minutes ago
- Yahoo
Amid the Jeffrey Epstein saga, Rep. James Comer claimed Joe Biden's alleged autopen use was the 'biggest scandal in the history of American politics.'
The MAGA lawmaker overseeing the investigation into former President Joe Biden's autopen use has vowed to probe the former president's judicial appointments. During an appearance on Fox News, Kentucky Rep. James Comer, who leads the House Oversight Committee, said his inquiry would 'look at everything that was signed with the autopen,' including executive orders, pardons, and nominees. 'There were some even nominees in the Biden administration—their paperwork was signed with the autopen at a time when the President's mental fitness is in question,' Comer said last week.
Yahoo
13 minutes ago
- Yahoo
Target downgraded, Dollar Tree upgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The 5 Upgrades: Barclays upgraded Dollar Tree (DLTR) to Overweight from Equal Weight with a price target of $120, up from $95. The company is positioned to benefit from a trade down by consumes, which will accelerates in the second half of 2025, the firm tells investors in a research note. Morgan Stanley upgraded Pinterest (PINS) to Overweight from Equal Weight with a price target of $45, up from $37. The firm's advertising checks are constructive on Pinterest's improving ad efficiency and performance-driven growth. Morgan Stanley upgraded Etsy (ETSY) to Equal Weight from Underweight with a price target of $50, up from $38. The firm sees a more balanced catalyst path for the shares after they underperformed the S&P 500 Index by 20% over the past year. Seaport Research upgraded both Analog Devices (ADI) and Texas Instruments (TXN) to Neutral from Sell with no price target. While the firm sees "no strong catalysts," it acknowledges that it was "wrong" in its prior thought that the analog inventory cycle was not going to improve and the macro economy was slowing. Monness Crespi upgraded Fiserv (FI) to Neutral from Sell with no price target, telling investors that the firm sees fair value at about $155 per share. The firm's sense is that the market has been looking to revalue the stock as long as the Clover volume trajectory remains above double digits over the medium term and it recommends investors to "be ready" for the next opportunity. Top 5 Downgrades: Barclays downgraded Target (TGT) to Underweight from Equal Weight with an unchanged price target of $91. The firm says that absent a bigger strategic shift, the company's sales will continue to underperform. Needham downgraded Sarepta (SRPT) to Underperform from Hold without a price target. The company late Friday reported receiving an informal request from the FDA to voluntarily halt shipments of Elevidys and that it denied this request, the firm tells investors in a research note. Mizuho, Leerink, and Baird also downgraded Sarepta to Neutral-equivalent ratings, while Deutsche Bank cut its rating on the name to Sell. Truist downgraded Biogen (BIIB) to Hold from Buy with a price target of $142, down from $199, after a transfer in coverage. The stock's discounted multiple versus pees is warranted given the "suboptimal" growth outlook for Biogen's commercial franchise, the firm tells investors in a research note. Argus downgraded Elevance Health (ELV) to Hold from Buy, citing the ongoing pressures on the company's profit margins from medical cost trends in its Medicaid and ACA marketplace businesses. Truist downgraded Royal Caribbean (RCL) to Hold from Buy with a price target of $337, up from $275. Truist has observed a bounce-back in bookings since April's pullback, but when averaging March-early July's year over year bookings, demand pace is only up low-to-mid-single digits, well off the high-teens monthly pace that 2024 averaged, the firm tells investors in a research note. Top 5 Initiations: Loop Capital initiated coverage of Autodesk (ADSK) with a Hold rating and $320 price target. Loop is constructive on Autodesk's long-term prospects but believes the stock's current valuation reflects much of its expected growth and execution improvements. Benchmark initiated coverage of General Motors (GM) with a Buy rating and $65 price target, calling the stock "a compelling opportunity for investors seeking exposure to a durable, cash-generative U.S. industrial franchise with underappreciated upside potential." Oppenheimer initiated coverage of Affirm (AFRM) with an Outperform rating and $80 price target, offering 15% upside potential. The firm argues that Affirm stands out as a leader in the Buy Now, Pay Later space with its advanced underwriting, robust funding strategy, strong merchant relationships, and transparent pricing model. Stephens initiated coverage of Paylocity (PCTY) with an Equal Weight rating and $200 price target. The firm believes the company is well positioned to gain share "while navigating sub-optimal labor market conditions," but believes the valuation reflects expectations of a conservative guide with modest outperformance. Barclays initiated coverage of Kroger (KR) with an Equal Weight rating and $75 price target. The firm is positive on Kroger's post-deal refocus. Barclays also started Sprouts Farmers (SFM) with an Equal Weight and Albertsons (ACI) with an Underweight. 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