News

Trump’s Campaign Finances Take A Hit As Millions Go For Legal Defense & Melania’s Designer

Former President Donald Trump‘s 2024 White House campaign may be struggling to find fundraising, according to a new analysis conducted by The Guardian.

Though his PACs and committees have a reported $95 million, $78 million is unusable in most cases.

Large donors have distanced themselves from Trump’s third presidential campaign. Some of these mega-donors include private equity firm Blackstone’s CEO Stephen Schwarzmann and Ronald Lauder, heir to cosmetic company Estée Lauder, both of whom have voiced their belief that its time for the Republican party to turn to new leadership.

Even more concerning for Trump, is that the numbers indicate that the small-donor stream that his 2016 campaign relied on, seems to be dwindling.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

Trump turned in sky-high fundraising numbers during election cycles. Since then, he reported bringing in $500 million. Much of this money has gone toward paying his many legal fees as he is currently the subject of numerous investigations. Now other large costs that have eaten up the pile of money have included Melania Trump‘s personal designer and helping January 6 rioters.

The analysis found that Trump’s Save America leadership PAC has around $21 million left over after the midterms, but he is unable to use those funds on his campaign in most instances as leadership PACs exist to help other candidates.

The other $57 million comes from Super PACs, but under the law, they cannot directly “coordinate with the campaign.” The money rather can go toward supporting Trump’s campaign or attacking those challenging him.

Trump has tried in recent months to work around the laws, leading a campaign watchdog to file a complaint with the Federal Election Campaign.

Rose Carter

Recent Posts

VIDEO: Transgender Activist Confronts GOP Rep. Nancy Mace At D.C. Summit

A prominent transgender-rights activist disrupted a talk involving Rep. Nancy Mace (R-South Carolina) in Washington,…

2 days ago

Biden’s Historic Climate Policies Are Poised To Be Undone By Trump

After President-elect Donald Trump's victory, experts have expressed serious doubts about the future of the Biden…

2 days ago

VIDEO: Trump Watches SpaceX Launch Alongside Elon Musk & Ted Cruz

https://youtube.com/shorts/YVrfbMZSVRE?feature=share US President-elect Donald Trump drew cheers as he arrived in Texas on Nov. 19 to watch…

5 days ago

Foreign Policy Experts Voice Concern About Trump’s Nomination Of Tulsi Gabbard For Director Of National Intelligence

After President-elect Donald Trump selected Tulsi Gabbard, a former Democratic congresswoman, as his nominee for…

6 days ago

Trump’s Pick Of Vaccine-Skeptic Robert F. Kennedy Jr. As Department of Health & Human Services Secretary Alarms Scientific Community

President-elect Donald Trump's announcement that Robert F. Kennedy Jr. will be his pick for Department…

7 days ago

VIDEO: President-Elect Donald Trump, Elon Musk & Cabinet Picks Attend UFC Fight In NYC, Crowd Chants “USA”

https://youtube.com/shorts/6CUvTmS87UM?feature=share President-elect Donald Trump arrived to cheers at an Ultimate Fighting Championship (UFC) event in…

1 week ago