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HomeHappening NowDonald Trump's legal woes fuel surge in campaign donations

Donald Trump’s legal woes fuel surge in campaign donations

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Republican presidential candidate and former US President Donald Trump’s legal troubles have led to an increase in donations to his presidential campaign. Small donors have responded to his legal woes by pouring in significant amounts of money, helping him match Democratic President Joe Biden’s fundraising pace.

The release of Trump’s photo after he was booked into a Georgia state prison on charges related to his attempts to overturn his 2020 election loss brought in more than $2 million in donations in a day. That was the largest two-day total reported by the campaign this year, indicating that Trump’s legal woes have become a major fundraising asset. Most contributions were under $50.

Trump, who leaves office in 2021 and is the front-runner for the Republican nomination for next year’s presidential election, faces four criminal trials on charges related to the mishandling of classified documents and alleged bribery payments. hush money to a porn star. He has denied all charges and argued that the cases are politically motivated.

Trump’s most recent campaign finance disclosure showed he contributed more than $700,000 as of Aug. 1 when Trump was indicted on federal charges related to his efforts to overturn the election. Those sums were comparable to the inflows in early April when Trump became the first US president, former or sitting, to be criminally indicted.

For the July-September period, Trump’s campaign reported raising $24.5 million, up from about $17 million in the previous three months. Biden’s campaign reported raising $24.8 million, up from nearly $20 million in the previous period. Both campaigns use joint fundraising committees to raise additional funds.

The Trump campaign previously announced it raised more than $45 million in the third quarter, without providing details on the amount raised through joint fundraising and expenses incurred. Joint committees transfer money to campaigns after deducting fundraising costs, such as campaign-themed merchandise and donor-directed digital campaigns.

In response to Trump’s legal woes, small donors have stepped up their financial support, helping him maintain a fundraising pace comparable to President Biden’s. These contributions indicate that Trump’s legal battles have become an important factor in motivating his supporters to donate.

the mail Donald Trump’s legal woes fuel surge in campaign donations appeared first NewsGPT.ai.

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