Former President Donald Trump’s political activism has raised more than $500 million since the 2020 presidential election, while using donations to pay millions of dollars in legal fees and rally organizers on Jan. 6. are channeling millions more into the coffers of the federal election, according to a new OpenSecrets analysis of the federal campaign. Found financial documents.
ABC News reported Thursday that a federal grand jury investigating moves to overturn the 2020 election results and activities leading up to the Jan. 6, 2021 attack on the U.S. Capitol has expanded its investigation. Federal investigators are now seeking information about his leadership PAC, Save America, a central node in Trump’s political activism. The New York Times has confirmed that a federal grand jury has issued a subpoena related to the investigation.
Save America’s Leadership PAC has raised over $100 million during the 2022 election cycle and over $30 million in the final weeks after Election Day 2020, totaling over $135 million since inception procured.
An analysis of OpenSecrets campaign finance data shows that Leadership PAC fundraising slowed to less than $6,000 in July, leaving Save America with less than $100 million in cash at the end of July.
Much of the Leadership PAC’s funding comes in the form of remittances from the Save America Joint Funding Commission, which submits quarterly reports to the Federal Election Commission and does not have to disclose July funding until October. it was done.
The actual total is likely to be even higher than the $500 million conservative estimate for total funding of Trump’s political campaigns through June 30, 2022. This amount also does not include funds raised by 501(c) nonprofits whose funding he does not report to the FEC.
Trump has not formally announced his decision to run for president in 2024. Delaying the announcement will allow Trump to ask for a bigger check and to continue working closely with groups that may spend to support his candidacy when he runs as a candidate. I can. Coordinating strategies with them illegally is prohibited.
But he has used his political activism to build a political war chest and a base of loyal supporters, operating millions of dollars to cover legal costs amid growing controversy.
Trump’s political tactics have used the recent media attention to spark the former president’s base and bring in even more cash.
In the aftermath of the FBI’s Mar-a-Lago raid, Save America PAC’s fundraising hit $1 million a day, according to The Washington Post. Trump also raised money from the Jan. 6 committee hearings.
Some of the fundraising emails refer to the “Official Trump Defense Fund.” The name is similar to the “Official Election Defense Fund,” which Trump’s campaign and community fundraising committee used to solicit donations in the final weeks of 2020. In the final weeks of 2020, a task force investigating his January 6 attack on the US Capitol found no evidence that the defense fund was even real.
There is no evidence that either “defense fund” exists, but Trump’s political manipulation has cost corporations more than $16 million to cover legal fees for the period from the start of the 2022 cycle through June 30. I turned around. Political manipulation raised him nearly $1 million in additional legal fees in July alone.
Since January of this year, Trump’s political campaign has spent more than $6.6 million to cover legal costs, according to filings as of Aug. 20.
Because Trump’s political activism pays millions of dollars to law firms known to represent Jan. 6 witnesses, the Republican committee will pay some of Trump’s own attorney fees. I’m here.
The Republican National Committee has helped cover Trump’s lawsuits related to New York State Attorney General Letitia James’ investigation into the former president’s personal business and other incidents since his departure from the White House. However, POLITICO said the RNC did not cover Trump’s legal fees related to the FBI’s search for Mar-a-Lago, and that if Trump formally declares himself running for president in the 2024 election, reported that it will stop paying its attorneys’ fees entirely. But still need to take.
The company implicated millions in the Jan. 6 rally rake from Trump’s political manipulation
Trump’s political maneuvering continued to route payments to at least one company involved in the rallies that preceded the Jan. 6 attacks on the Capitol, even after hearings began in June, according to OpenSecrets’ election. Analysis of funding filings reveals.
Groups affiliated with Trump paid Event Strategies, whose name was on the Jan. 6 rally permit, about $15 million to pay two people involved in demonstrations since the 2016 election cycle. employed individuals. About half of that (over $7.2 million) happened in his first seven months of the year, OpenSecrets found.
The majority of these payments to Event Strategies Inc. came from Trump’s Save America leadership PAC.
Overall, the individuals and businesses involved in organizing the January 6 rally have received about $14 million in payments from Trump’s political activism since the start of the 2020 cycle, including January 2021. Weeks up to 6 days are included.
The Truth and Courage PAC will also begin paying for event strategies in 2022, accumulating payouts of approximately $73,000. A super PAC affiliated with Sen. Ted Cruz (Republic of Texas) spent more than $315,000 of his $315,000 to support Republican candidates in the 2022 midterm elections.
Senior Data Analyst Brendan Glavin contributed to this report.