Even in defeat, President Trump continued to lift cash at a number of the quickest charges of the yr, pulling in $207.5 million in the month since Election Day with the Republican Nationwide Committee as he has stoked unfounded fears of election fraud and made baseless claims to undermine the legitimacy of the election.
Mr. Trump’s marketing campaign equipment has continued to aggressively solicit donations below the guise of supporting his numerous authorized challenges to the election of Joseph R. Biden Jr., however as of now 75 % of donations go to to a brand new political motion committee that Mr. Trump fashioned in mid-November and 25 % to the Republican Get together. Provided that a donor provides greater than $6,000 do these funds go to Mr. Trump’s formal “recount” account.
His marketing campaign didn’t launch a breakdown of how the $207.5 million was divided, with funds cut up between the brand new PAC, paying off his marketing campaign money owed, the R.N.C. and two committees operated collectively by the social gathering and the marketing campaign.
“These great fund-raising numbers present President Trump stays the chief and supply of power for the Republican Get together,” Invoice Stepien, Mr. Trump’s marketing campaign supervisor, stated in a press release.
Mr. Trump, who has not formally conceded the 2020 race however has begun speaking about working once more in 2024, has repeatedly challenged the leads to court docket with just about no success.
In his assertion, Mr. Stepien added that the cash “additionally positions President Trump to proceed main the struggle to scrub up our corrupt elections course of in so many areas across the nation, and to construct on positive factors from the 2020 elections so we will take again the Home and construct on our Senate majority in 2022.”
The Thursday announcement got here on a ultimate submitting deadline of the 2020 race with the Federal Election Fee, which covers the interval from Oct. 15 to Nov. 23. Throughout that interval, the R.N.C., Mr. Trump’s marketing campaign and their shared committees raised a mixed $495 million, marketing campaign officers introduced.
As of early night, solely the R.N.C. had filed its report, which confirmed it ended the interval with $58.8 million money readily available. As Mr. Trump has contested the leads to a number of venues, the social gathering had spent greater than $6 million on authorized payments, with $1.4 million going to the Jones Day regulation agency, $1.3 million to King and Spalding and greater than $920,000 to Consovoy McCarthy.