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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's indictments are having diminishing returns for his political fundraising
Donald Trumps legal troubles have created windfalls for his political fundraising in the past. And his team has not been shy about using various investigations, indictments and court appearances to turbocharge his donor base.
But new data filed with the Federal Election Commission by WinRed, the premiere GOP donation processor used by Trump and most other Republican candidates, shows that trend may be ebbing.
The former presidents fundraising did not spike as high after his second indictment in June compared to his first one in the spring.
All told, Trump raised nearly $4 million via WinRed from nearly 80,000 distinct donors April 4, the day he pleaded not guilty in a Manhattan court on charges of falsification of business records related to payouts to porn star Stormy Daniels. It was his best online fundraising day of the year.
By contrast, when Trump appeared in Miami court June 13 to plead not guilty to his second indictment on charges related to classified documents found at his Mar-a-Lago, he raised only $1.3 million from just over 35,0000 donors, according to WinRed data.
Trumps joint fundraising committee is outperforming his rivals among small-dollar donors. But the new data is a warning sign that further legal jeopardy for Trump may not be the fundraising savior it once was as his committees burn through cash.
More at link:
https://www.politico.com/news/2023/08/01/trump-indictments-political-fundraising-00109192
Midnight Writer
(21,795 posts)But the little people will still sacrifice their own well-being for Trump's benefit, but even they will be bled dry eventually.
Permanut
(5,637 posts)should sell everything they own, borrow every penny they can borrow, and send all of the proceeds to their Dear and Glorious, Maximum Exalted, High and Mystic Ruler. Just to show their total support. Every penny
Just my opinion.
Ocelot II
(115,836 posts)The big donors are pulling back and the MAGAts will be tapped out before long.
PortTack
(32,793 posts)MI gqp has something like $53 AZ less than 10 months ago had 700k, now only around 50k. Elections take money, time is running out for them. money flowing in his direction isnt helping the gqp get elected. Just one more reason to think this coming election is going to be a blood bath for them.