Donald Trump has shaken American politics to their very core. And in the process, he has, maybe without knowing it, completely re-aligned the positions and appeals of the two major parties. That’s because Trump is an opportunist.
At the beginning of June, Donald Trump’s campaign had just $1.3 million in cash-on-hand, after paying for the previous month’s campaign expenses. Hillary Clinton had $43 million. Trump raised just $3 million in May. Clinton raised $26 million.
Fundraising has become Trump’s priority: He’s spending his time fundraising in solidly Republican states instead of focusing on battleground ones, and last week, Trump and RNC Chairman Reince Preibus went on a Southern fundraising tour.
The Trump campaign’s lack of fundraising experience and infrastructure has forced it to rely more heavily on the Republican Party raise money than nearly any other Republican presidential candidate in modern history.
Trump, who eschewed fundraising in his primary fight, primarily loaning himself $36 million, has started raking in super PAC cash. Great America PAC filed an unusual Federal Election Commission report this week, the Hill reported, claiming the bulk of its donations came in at less than $200. The super PAC said it raised $513,606 in April, more than 80 percent of which came in as small donations that do not have to be itemized.
Sanders has seen his fundraising slow as the July 25 Democratic National Convention looms, despite continuing to amass primary victories. The Vermont senator’s April fundraising haul was a 70 percent drop from his $46 million March.
The real money is in the anti-Trump super PACs that have lost their mission. Right to Rise, the super PAC that supported Jeb Bush’s candidacy until he dropped out in late February, closed out March with $17.3 million on hand.
Donald Trump is loaning his campaign money, not paying for anything outright. And you can bet he’ll want supporters’ help paying himself back.
Fresh off big wins in Alaska, Hawaii and Washington, the ornery Vermont independent raised $44 million in March, narrowly breaking his own previous record of $43.5 million from February.
There’s no evidence to support Donald Trump’s claim that Ted Cruz played a role in a super PAC’s attack on his wife. But federal rules barring coordination between candidates and the super PACs that support them have been so rarely enforced that even if Trump were right, it’s uncertain the Cruz campaign would be penalized.
Carson, in an interview with CNN after he announced that he would be dropping out of the race, said “We had people who didn’t really seem to understand finances, or maybe they did—maybe they were doing it on purpose.”
Many of Clinton’s donors have reached the individual donations cap, which is set at $2,700 during the primary season.
Congress, Donald Trump is on to you. He knows you’re taking campaign donations and he knows you are doing something in return for the cash.
Many of the super PACs and the campaigns are run by a revolving door of close friends and staffers, ensuring that the two sides share a common playbook even when they avoid tripping over the vague Federal Election Commission rules banning coordination.
The real candidates are a small but powerful coterie of multimillionaire corporate executives and billionaires who fund secretive presidential super PACs that can determine who gets nominated.
A Super PAC said they would step in, but they are not legally allowed to coordinate their activities with a candidate’s campaign, according to reports in the Washington Post.
Republican presidential candidate Scott Walker’s Unintimidated Super PAC on Tuesday reported raising more than $20 million in its first quarter from nearly 300 donors.
If you’ve got a Twitter account, a Facebook page and a millionaire to fund your ‘super PAC,’ why not run for president?
As Hillary Clinton begins her second presidential bid, and the business of paying for it, her supporters predict that she will be deemed a fundraising failure no matter how much money she collects.
One of the constellation of committees appears to be underwritten by Republican mega-donor Robert Mercer and his family. Campaign lawyers said the arrangement is unlike anything they’ve ever seen before.