According to reports on Sunday, small contributors have responded to Donald Trump’s legal issues by donating generously to his presidential campaign, helping him approximately equal the fundraising pace of Democratic President Joe Biden, who is running for reelection. According to a disclosure the campaign submitted to the Federal Election Commission, more than $2 million poured into Trump’s bank account a day after his mugshot was made public on August 24 after he was arrested on Georgia state charges related to his efforts to reverse his 2020 election loss. Trump was booked in jail on those charges.
It was the largest two-day amount the campaign has acknowledged receiving this year, indicating that Trump’s legal issues, which are unprecedented for a former US president, have grown into a significant source of funding. The majority of contributions are under $50.
Trump, who vacated office in 2021 and is currently the front-runner for the Republican presidential nomination in the election that will take place the following year, is facing four criminal trials for allegations involving mishandling confidential materials and alleged hush money payments to a porn actress.
Trump has refuted all the accusations and said the legal proceedings are politically driven. “That is his superpower,” asserted David Kochel, a Republican strategist unconnected to any 2024 presidential candidacy. “The more these prosecutors come for him, the more he says: ‘We’re in this together, and I’m being attacked.'”
The Trump campaign received more than $700,000 on August 1 when Trump was charged with federal offenses connected to his attempt to overturn his election defeat, according to the most current financial declaration for the three months ending in September. The amounts were comparable to those in early April when Trump became the first serving or past president of the United States to face criminal charges.
In a report submitted to the Federal Election Commission on Sunday, Donald Trump stated that his campaign raised $24.5 million between July and September, an increase from around $17 million in the prior three months. The amount raised by Biden’s campaign was $24.8 million, up from about $20 million in the previous period. Joint fundraising committees are separate accounts used by both campaigns to collect donations.
The Trump campaign previously claimed to have raised over $45 million in the third quarter but did not specify how much of that sum came from joint fundraising or how much the joint committee spent to raise it.
After subtracting fundraising expenses, such as the cost of campaign-themed T-shirts and using digital advertising to attract supporters, the joint committees distribute funds to the campaigns. Requests by the joint committee for information on fundraising from the Trump campaign went unanswered. According to Biden’s campaign, the Democratic Party, and its joint fundraising organizations, $71 million was raised.
Comment Template