Donald Trump’s fund-raising efforts have surged after his indictment, with a significant increase in donations since late March.
Trump’s Fund-Raising Surges After Indictment
According to The New York Times, Trump’s fund-raising effort raised $15.4 million in the two weeks after charges were filed against the former president, showing how much his supporters have rallied around Trump after learning of the indictment.
Politico first reported about Trump’s fund-raising numbers during the first quarter.
According to the figures provided by his campaign, Trump’s fund-raising received a total of 541,971 donations, during the first quarter from January 1 to March 31.
Trump’s fund-raising received 312,564 donations in the two weeks after charges were filed beginning on March 30.
Before his indictment, the former president was bringing in roughly $168,000 per day between January 1 to March 30. It’s unclear whether the increase in Trump’s fund-raising for his campaign will continue since his indictment will continue into the second quarter. Former president Trump’s 2024 campaign reported $13.9 million cash on hand as of March 31.
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Key Source of Trump’s Fund-Raising
Former president Trump has been raising money for his 2024 presidential bid through both his campaign and his political action committee, Save America PAC.
Trump’s fund-raising efforts were made possible through his Save America Joint Fundraising Committee. The campaign reported the total amount raised by the two committees was $18.8 million.
According to that committee’s most recent filings in January, Trump’s campaign has utilized Trump’s fund-raising committee not just as an umbrella group to disburse funds, but also to pay campaign expenses.
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