Trump Reportedly Poured $1.3 Million In Political Contributions Into His Own Businesses After Losing Election

Douglas Sacha through Getty Photos

Former President Donald Trump continued to fundraise after he misplaced the 2020 election, and poured some $1.3 million of political contributions into his personal companies, his newest federal filings confirmed.

In line with a evaluation by Forbes, between the misplaced election and the tip of 2020, Trump’s marketing campaign committee Donald J. Trump for President handed over $113,000 to Trump enterprises, together with two hire funds of $38,000 to Trump Tower Business LLC, and two $3,000 checks to Trump Eating places LLC.

In 2021, Trump modified the identify of his marketing campaign committee to the Make America Nice Once more PAC, and cash once more poured into Trump enterprises, Forbes reported. Near $38,000 was paid in hire to the Trump Tower Business LLC “each month or so,” and checks for $3,000 had been “usually” paid to his restaurant enterprise.

From the time of his election loss to the tip of February 2022, the PAC had paid $526,000 to his firms, per Forbes’ evaluation of the Federal Election Fee filings.

Different Trump political teams additionally rained money on his operations. The joint-fundraising committee Trump Victory, which collected cash for the Trump marketing campaign and state-level Republican teams, paid $294,000 to the Trump Resort Assortment.

Trump’s management PAC, Save America, spent $213,000 at Trump properties from February 2021 till Could 2022.

A few of the cash collected from donors was truly solicited for the Official Election Protection Fund to overturn the election, although that fund apparently didn’t exist, the Home choose committee investigating final 12 months’s riot famous.

“Not solely was there the ‘Large Lie,’” stated Rep. Zoe Lofgren (D-Calif.), referring to baseless claims of election fraud throughout one of many panel’s hearings earlier this month. California. “There was the large rip off.”

In a 2000 interview. Trump boasted to Fortune journal: “It’s very potential that I may very well be the primary presidential candidate to run and generate profits on it.”

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