The new structure lets Trump's campaign and Save America get paid first when checks are given to the new Republican campaign, but it doesn't send RNC funding to lawyers. The fine print allows donors to direct their contributions. Donors could also give directly to the RNC or another organization without the fundraising agreement.
Trump's campaign operation lags behind Biden in funding and organizing. His main campaign account and the Save America PAC raised $15.9 million in February and had more over $37 million on hand, according to Federal Election Commission records Wednesday night.
The two committees are crucial to Trump's fundraising, but not the only ones. In April, his fundraising apparatus and the new Trump 47 Committee with the Republican National Committee will submit updated data. Brett Kappel, a senior campaign finance attorney who has represented Republicans and Democrats, said Trump is depleting his PAC and spending significant amounts of money from his campaign committee to cover his legal bills.
Furthermore, Biden's campaign reported raising $53 million last month and ending February with $155 million. The Democratic National Committee and Biden fundraise together. The complete picture won't be accessible until April when several of his political committees produce reports. According to its latest FEC statement, his main campaign account raised $21 million in February and has $71 million on hand.
Trump controls the RNC as the party's probable nominee, allowing his campaign organization to take advantage of party committee donation limits. Candidates can receive $3,300, but under the joint fundraising agreement, a single contributor can sign for well over $800,000 and a pair can donate $1.6 million.
Billionaire investor John Paulson will host the April 6 Trump 47 Committee fundraiser, which co-chairs Robert Bigelow, a Las Vegas businessman who supported Florida Gov. Ron DeSantis' presidential campaign; New York grocery billionaire John Catsimatidis; Linda McMahon, former World Wrestling Entertainment executive and Small Business Administration head under Trump; casino mogul Steve Wynn; and former Ge
Visitors can donate $814,600 as a “chairman” to sit at Trump's table or $250,000 as a “host committee” contributor. Both versions include a photo and a personalized copy of Trump's coffee table book, "Our Journey Together," incorporating administration photos.
South Carolina Sen. Tim Scott, North Dakota Gov. Doug Burgum, and biotech entrepreneur Vivek Ramaswamy will appear as “special guests.”
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