Trump Campaign Says $50.5 Million Haul Doubled Biden’s Fundraiser

Donald Trump’s marketing campaign mentioned it raised a single-event fundraising report with a $50.5 million haul Saturday in Palm Seaside, Florida.

Trump’s fundraiser – with a bunch of mega-donors – follows President Joe Biden’s star-studded occasion on March 28 in New York that his marketing campaign mentioned introduced in additional than $26 million.

Saturday’s Trump fundraiser, hosted at billionaire hedge fund supervisor John Paulson’s house, will allocate a portion of the cash to be raised to a fundraising group that has spent tens of hundreds of thousands of {dollars} on Trump’s authorized charges.

“After locking up the nomination in one of many quickest primaries in fashionable political historical past, Donald J. Trump is successful ballot after ballot and proving that the keenness is on his aspect. It is clearer than ever that we’ve got the message, the operation, and the cash to propel President Trump to victory on November 5,” Trump marketing campaign advisors Chris LaCivita and Susie Wiles mentioned in a press release.

Newsweek reached out to the Biden marketing campaign through e-mail Saturday night time for remark. This story can be up to date with any offered statements.

The Context

Earlier than the closed-door occasion, Trump briefly spoke to reporters and posed for photographs together with his spouse, Melania Trump, together with Paulson and his spouse, Jenny.

“This has been some unimaginable night earlier than it even begins as a result of individuals, they need to contribute to a trigger of constructing America nice once more,” Trump mentioned.

In line with the Related Press, Biden’s reelection marketing campaign and the Democratic Nationwide Committee mentioned Saturday that they raised greater than $90 million in March and ended the yr’s first quarter with $192 million-plus in money readily available.

The Biden marketing campaign raised $26 million-plus March 28 at Radio Metropolis Music Corridor in Manhattan in an occasion that featured former Presidents Barack Obama and Invoice Clinton.

The Biden marketing campaign and its affiliated entities reported $187 million from January via March and mentioned that 96% of all donations have been lower than $200. As well as, Biden’s group has reportedly opened 100 new marketing campaign workplaces.

Trump and the Republican Nationwide Committee reported elevating $65.5 million in March and having $93.1 million readily available, the Related Press reported.

Trump’s fundraising deficit comes as each candidates have secured sufficient delegates of their respective primaries to safe their occasion’s presidential nominations.

What We Know

In line with Reuters, co-hosts on Saturday included hedge-fund investor Robert Mercer and his daughter and conservative activist Rebekah, investor Scott Bessent, together with on line casino mogul Phil Ruffin.

Trump can now elevate cash with the RNC forward of the Nov. 5 election. Trump’s daughter-in-law, Lara Trump, is a co-chair of the RNC.

The Trump 47 Committee, a brand new fundraising pact with the RNC, will direct funds to the Save America PAC earlier than something goes to the RNC, in keeping with Reuters, which reportedly seen the invitation.

The Trump 47 Committee requested prime donors to contribute as much as $814,600 per particular person. The primary $6,600 of any particular person’s contribution will go to Trump’s presidential marketing campaign, in keeping with Reuters. A most of $5,000 per particular person would then be allotted to Save America. After Save America will get its share, the RNC will reportedly get a minimize of as much as $413,000.

Views

Jaime Harrison, the chairman of the Democratic Nationwide Committee, launched a press release earlier Saturday relating to Trump’s fundraiser.

“Whereas Donald Trump has been busy awarding himself golf trophies at Mar-a-Lago and palling round with billionaires, Joe Biden has been crisscrossing the nation connecting with voters and outlining his imaginative and prescient to develop our economic system from the underside up and the center out,” Harrison mentioned, referring to Trump’s Florida residence.

RNC co-chairs Michael Whatley and Lara Trump mentioned Saturday’s report haul shows GOP unity.

“The Republican Social gathering is united behind the hassle to elect President Donald J. Trump, and People are lining as much as be a part of our motion and retire Crooked Joe Biden as soon as and for all,” the co-chairs mentioned in a press release.

What’s Subsequent?

Trump’s New York legal trial is scheduled to start on April 15, regardless of repeated makes an attempt to delay the proceedings. Last trial dates for his three different legal circumstances are much less clear, whereas the ex-president can be engaged on appeals to over $500 million in current civil judgments.

He claims that every one of his authorized troubles are a part of a political “witch hunt.”

Replace: 04/06/24, 10:56 p.m.: This story was up to date with extra info.

It is a growing story and can be up to date with extra info.