Trump uses his Save America PAC to funnel campaign funds into personal legal defense funds, raising ethics concerns.
Donald Trump waits to be introduced at the Oakland County Republican Party's Lincoln Day dinner at Suburban Collection Showplace on June 25, 2023, in Novi, Michigan.Former President Donald Trump has been siphoning money raised for his 2024 presidential campaign into a political action committee that covers his personal legal finances.
When Trump launched his campaign in November, 99 cents of every dollar raised went toward his campaign while one cent was diverted to his Save America PAC. But sometime this winter the split quietly changed and the fine print was amended to read that 10% of donations would go toward the PAC, according toBased on fund-raising figures released by his campaign, Trump may have sent at least $1.
Even before the ex-president announced his re-run plans, Save America was paying for fees associated with investigations into Trump and his allies. Save America had about $122 million on hand in February 2022 but filings show that its funds fell to just $18 million by the beginning of this year. The remainder had been allotted to staff salaries, and Trump’s political activities in 2022, while $60 million went to another PAC, MAGA Inc., and more than $16 million went to cover Trump’s legal fees.
Generally speaking, “a PAC cannot spend money directly on the candidate’s campaign, and a campaign committee cannot directly pay for things that benefit the candidate personally,” the
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
As legal fees mount, Trump steers donations into PAC that has covered themFacing multiple intensifying investigations, former President Donald Trump has quietly begun diverting more of the money he is raising away from his 2024 presidential campaign and into a political …
Lire la suite »
Trump diverting more donations from PAC to pay for mounting legal feesFormer President Donald Trump has shifted more funds that were raised for his 2024 presidential campaign into a political action committee set up to pay his personal legal fees.
Lire la suite »
Tom Cruise, Robert Downey Jr., and Kirk Cameron: Can Generation X fathers (ironically) save America?Rich Cohen may have been right. Writing in Vanity Fair in 2017, Cohen announced that “Generation X might be our last, best hope.” Sandwiched between the crazy liberal boomers and the insane social justice warriors of the millennials and Generation Z, Generation X, those born between the mid-1960s…
Lire la suite »
Pride before profits: How corporate America is working to destroy AmericaCorporate America has joined the left’s war on American values and is committing slow suicide in the process.
Lire la suite »