Trump Raises Over $780 Million for Second Term

“Presidents have always raised money from private donors—to run for office, throw inaugural balls and build presidential libraries,” the Wall Street Journal reports.

“But Donald Trump has turned his second term into an unprecedented fundraising blitz, raising well over half a billion dollars from wealthy donors and stashing it in a sprawling network of nonprofits, cultural institutions and committees that he and his allies control.”

“Companies seeking lucrative contracts or favorable policies from the administration have poured millions of dollars into these funds, which have become a key tool for Trump to pursue his political and personal priorities. He has used them to oust his political opponents, change the cultural face of the nation’s capital and boost his postpresidency legacy.”