Former President Donald Trump continued to fundraise after he misplaced the 2020 election, and poured some $1.3 million of political contributions into his personal companies, his newest federal filings confirmed.
According to a review by Forbes, between the misplaced election and the tip of 2020, Trump’s marketing campaign committee Donald J. Trump for President handed over $113,000 to Trump enterprises, together with two hire payments of $38,000 to Trump Tower Commercial LLC, and two $3,000 checks to Trump Restaurants LLC.
In 2021, Trump changed the name of his campaign committee to the Make America Great Again PAC, and cash once more poured into Trump enterprises, Forbes reported. Close to $38,000 was paid in rent to the Trump Tower Commercial LLC “every month or so,” and checks for $3,000 were “often” paid to his restaurant enterprise.
From the time of his election loss to the tip of February 2022, the PAC had paid $526,000 to his corporations, per Forbes’ assessment of the Federal Election Commission filings.
Other Trump political teams additionally rained money on his operations. The joint-fundraising committee Trump Victory, which collected cash for the Trump marketing campaign and state-level Republican teams, paid $294,000 to the Trump Hotel Collection.
Trump’s management PAC, Save America, spent $213,000 at Trump properties from February 2021 until May 2022.
Some of the cash collected from donors was truly solicited for the Official Election Defense Fund to overturn the election, regardless that that fund apparently didn’t exist, the House choose committee investigating final yr’s rebellion famous.
“Not only was there the ‘Big Lie,’” stated Rep. Zoe Lofgren (D-Calif.), referring to baseless claims of election fraud throughout one of many panel’s hearings earlier this month. California. “There was the big rip off.”
In a 2000 interview. Trump boasted to Fortune journal: “It’s very possible that I could be the first presidential candidate to run and make money on it.”
Check out the full Forbes’ story here.
