President Trump has raised about $170 million since Election Day as his marketing campaign operation has continued to aggressively solicit donation
President Trump has raised about $170 million since Election Day as his marketing campaign operation has continued to aggressively solicit donations with hyped-up appeals which have funded his fruitless makes an attempt to overturn the election and which have seeded his post-presidential political ambitions, in keeping with an individual conversant in the matter.
The cash, a lot of which was raised within the first week after the election, in keeping with the particular person, has arrived as Mr. Trump has made false claims about fraud and sought to undermine public confidence within the legitimacy of President-elect Joseph R. Biden Jr.’s victory.
As an alternative of slowing down after the election, Mr. Trump’s marketing campaign has ratcheted up its quantity of e mail solicitations for money, telling supporters that cash was wanted for an “Election Protection Fund.”
In actuality, the effective print reveals that the primary 75 p.c of each contribution at present goes to a brand new political motion committee that Mr. Trump arrange in mid-November, Save America, which can be utilized to fund his political actions going ahead, together with workers and journey. The opposite 25 p.c of every donation is directed to the Republican Nationwide Committee.
A donor has to present $5,000 to Mr. Trump’s new PAC earlier than any funds go to his recount account.
Nonetheless, the Trump marketing campaign continues to urgently ask for money. On Monday, Mr. Trump signed a marketing campaign e mail that breathlessly advised supporters that the top of November — almost 4 weeks after Election Day — represented “our most IMPORTANT deadline EVER.”
Tim Murtaugh, a spokesman for Mr. Trump’s marketing campaign, declined to touch upon the fund-raising.
The $170 million determine, raised in lower than 4 weeks, is a gigantic sum that rivals the quantities of cash introduced in on the peak of the marketing campaign. Whereas a breakdown of the cash was not instantly out there, the deluge of donations would seem to have paid off any remaining Trump marketing campaign debt (within the first days after the election, the effective print confirmed that contributions had been earmarked for that function). The cash can also be seemingly to offer Mr. Trump with a large monetary head begin in paying for his post-presidency political actions.
Regardless of the inflow of money, each the Trump marketing campaign and the R.N.C. have diminished the dimensions of their staffs because the election.