88 Million Dollars and Counting: Trump Gets Huge Momentum for 2020 Campaign



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WASHINGTON – President Trump has raised more than $ 88 million for his re-election campaign over the past year and a half, which has allowed him to take a step ahead of future Democratic candidates. the race of 2020.

Trump's campaign committee, combined with two joint committees formed with the Republican Party, ended last month with nearly $ 53.6 million in the bank – nearly $ 10 million more than its previous balance – according to financial reports filed Sunday evening with the Federal Election Commission. 19659002] Totals reflect a fundraising effort supported and sustained by Mr. Trump's campaign operation which, by departing from the usual presidential practice, began even before he take office. Most new presidents transfer their political operations to their national party committee until the launch of their re-election campaign after the first mid-term election of their mandate.

The Trump campaign and the two joint committees – Trump Victory and Trump Make America Great Again – continued to aggressively spend to cultivate donors through both the online list targeting small donors and fundraisers. funds for major donors. The second quarter came from Andrew Beal, a Texas-based banker who has already faced Trump in a bankruptcy case. He donated $ 339,000 to Trump Victory

The committee received $ 169,500 from property developer Stanley Chera. Mr. Chera is associated with the company owned by Mr. Trump's son-in-law's family, Jared Kushner, under a $ 1 billion contract for the sale of the space of sale at 666 Fifth Avenue in Manhattan

. Committees raised more than $ 17.7 million between the beginning of April and the end of June, the period covered by Sunday's reports. This is the second largest quarterly position since taking office, although it was down nearly $ 2.5 million from the previous quarter.

Committees spent more than $ 8.5 million in the second quarter.

– totaling more than $ 2.4 million – went to businesses owned by Trump's campaign director, Brad Parscale, who specialize in online and email fundraising. Mr. Trump's campaign seems to praise his list of emails to other committees through Mr. Parscale's firm, a non-unusual income-generating technique used by committees that have built files of active supporters. Mr. Parscale's office paid the campaign more than $ 236,000 in rental income, according to statements.

The Trump campaign and its affiliate committees also spent a great deal on goods, including the "Make America Great Again" hats. the branding of his campaign. The reports show payments of nearly $ 600,000 to a range of companies for hats, t-shirts, stickers, napkins and commemorative coins to give or sell to supporters.

who represent the Trump campaign and its associates in the investigations into the Russian interference in the 2016 elections.

Committees spent nearly $ 1.2 million in legal fees in the second quarter, carrying their total legal spending to more than $ 8.6 million since the beginning of 2017.

The largest part – nearly $ 208,000 – went to the company Jones Day, which represents the Trump campaign in the framework of investigations.

But the company, which has been paid more than $ 3 million since the beginning of 2017 by Trump's committees, also represents the campaign in matters related to electoral law and campaign financing , and disputes arising from the campaign. It is unclear what percentage of the legal payments are related to these issues, unlike the surveys conducted in Russia.

Donald Trump's campaign also cost nearly $ 148,000 to Trump properties, including the Trump International Hotel in Washington, bringing total spending to more than $ 856,000 since the beginning of 2017.

A version of this article is printed on on A 15 of the New York Publishing with the title: Watch Reelection Trump raised $ 88 million . Order Reprints | Paper of today | Subscribe
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