U.S. midterm election update
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The new federal campaign finance documents show that when Donald Trump entered July, his 2021 political committee had raised more than $100 million, and in the first half of this year it raised more online donations than other Republicans.
Trump’s huge cash flow-unprecedented for a former president-has reignited speculation that he is considering participating in the 2024 campaign. But not all the money can be used to run for re-election.
This payment is a testament to his enduring popularity among Republicans, even though he lost in the 2020 election and was deprived of his preferred communication platform when Twitter banned his account in January.
Most of the cash on hand-$90 million-came from the Political Action Committee (Pac) to save the United States. The rest of the funds have been accumulated through several other fundraising tools, some are left over from his 2020 presidential campaign, and some are newly launched, which makes it difficult to track the funds raised by Trump and his ability to use them What purpose.
Fundraising activities confirmed that Trump may play a huge influence in the upcoming 2022 mid-term congressional elections.Although he has used to save the American Pacific endorsement Republican candidates in those elections, he has not contributed to their campaign accounts. He also hardly spent any money on state ballot reviews, even though he falsely claimed that the election was “stolen” from him in order to solicit donations.
He spent more than $13 million in his Make America Great Again Pac account, most of which was used for legal and consulting expenses related to the recount of the 2020 election.
Trump affiliates have raised more than $56 million in total on the Republican online fundraising platform Win red, Surpassed the Republican National Committee ($19 million) and the Republican Senate and House Party committees combined (the National Republican Senate Committee raised $23 million, and the National Republican Congressional Committee raised $26 million).
Trump made the United States another great committee to raise more funds through WinRed at a price of 35 million US dollars than all other committees. It is a joint fundraising account that distributes its proceeds to Trump’s other committees (75%) and the Republican Party. The National Committee (25%), which is a direct indicator of how the party still relies on his name to use cash, especially cash from small online donors.
The two Trump-related beneficiaries of the Trump Make America Great Again Committee are the Save America Pac and Make America Great Again Pac established by Trump after the 2020 election. The latter was once Trump in the election. The main election committee during the period. election. Trump has another joint venture to rescue the United States Joint Fundraising Committee, which only raises funds for the other two Trump Organizations.
Trump Victory is a joint venture between Trump and several Republican committees during the campaign. It no longer receives donations, but there is still about $2 million in cash available for distribution.
Trump has supported Make America Great Again Action Inc, which has raised more than $5 million in funding since its inception in March. The organization is run by Corey Lewandowski, the former Trump campaign manager, and is a super Pac, which means that unlike Trump’s affiliated Pac, it can raise and spend unlimited amounts of money . However, it cannot directly coordinate with candidates.
Former Georgia Senator Kelly Loeffler, who was defeated by Raphael Warnock in a special election in January, issued a check to the group for $250,000 in May. About the same time as MyPillow CEO Mike Lindell (Mike Lindell) donated $100,000.
Of the more than 62 million US dollars he raised through Save America Pac, as of June 30, Trump had only spent 3.2 million US dollars, including a donation of 1 million US dollars to the Priority Policy Institute of the United States, which is a dedication to advocacy Trump policy is a non-profit organization that supports his policy. Legal disputes YouTube against Facebook, Twitter and Google, plus more than $68,000 for Trump Hotel.
As a “leadership PAC”, Save America Pac funds cannot be used directly for their own campaign activities. Otherwise, there are almost no meaningful restrictions on how to spend money. Campaign finance reform group, such as Issue One warn Saving the United States, like many congressional leaders, may be a “textbook example of political bribery funds.”
But even outside of saving the United States, Trump’s committees are sitting on tens of millions of dollars in cash. It will not be until January 2022, the next Federal Election Commission submission date for these committees, that there will be a clearer picture of what Trump plans to use it for.