eOnal Trump has never stopped raising money from his supporters since the 2020 presidential race. Meanwhile, his companies have continued to charge his political teams for goods and services. As a result, the former president managed to turn about $ 1.3 million in donations into business revenue after losing the 2020 election, according to a review of the latest federal documents.
In the months immediately following the election, much of the money had come through Trump’s official campaign, Donald J. Trump for President, Inc. On December 1, 2020, the commission paid $ 38,000 in rent to Trump Tower Commercial LLC, the legal entity through which the former president owns space in Trump Tower. Fifteen days later, another $ 38,000 rent moved from the campaign committee to the same LLC. The committee also made two payments of $ 3,000 at about the same time to a legal entity named Trump Restaurants LLC. The former president, valued at $ 3 billion, also owns 100 percent of the company, according to an analysis of documents his business provided to federal and local officials while he was president. Between the election and the end of 2020, the Trump election committee handed over $ 113,000 to Trump’s business.
In the New Year, Trump did not actually close his election commission. Instead, he renamed it Make America Great Again PAC. Beginning on January 4, 2021, this PAC began directing money to the Trump Organization, donating $ 8,000 to the Trump Hotel Collection by the end of the month. The group also writes rent checks to the same entities that the campaign previously paid – $ 38,000 to Trump Tower Commercial LLC each month and often another $ 3,000 to Trump Restaurants LLC. It is not clear why the PAC had to pay hundreds of thousands of dollars in rent in 2021, given that the election took place in 2020. Representatives of the PAC and the Trump Organization did not respond to requests for comment. By the end of February 2022, Make America Great Again PAC had paid $ 526,000 to Trump’s companies, according to a review of Federal Election Commission documents.
It’s not clear why Make America Great Again, the PAC still had to pay hundreds of thousands of dollars in rent in 2021, given that the election took place in 2020.
As the campaign commission and its rebranded offshoot cut big rent checks, other Trump political groups burst into the former president’s hotels. Nine days after the election, a joint fundraising committee called the Trump Victory, which raised funds for the Trump campaign and several state-level Republican groups, paid $ 294,000 to the Trump Hotel Collection. Smaller amounts followed. In the end, Trump Victory spent more than $ 300,000 from the election until February 2021, when he last recorded a payment for Trump’s property.
Other subjects raised their groins. In June 2021, a joint fundraising committee that raised money for Trump and South Carolina Sen. Lindsey Graham paid $ 22,000 to Trump’s hotels. Six months later, a different fundraising committee gave Mar-a-Lago, Trump’s club in Palm Beach, $ 34,000.
Then there was the leadership of Trump’s PAC, Save America. Leadership PACs often allow politicians to hand out money to other candidates they support. In Trump’s case, the group also serves as a means of channeling donations to his business. From February 2021 to May 2022, Trump’s PAC leadership spent $ 213,000 on Trump’s property.
Save America’s payments sparked some press recently, with the January 6 committee of inquiry selectedyou The attack on the United States Capitol took into account the group’s operations. The former president told his supporters that they could donate to something called the Official Election Protection Fund, although the fund apparently does not exist, according to the commission. Instead, most of the money went to Save America, which in turn paid a small portion for Trump’s business. “It wasn’t just the Big Lie,” said Zoe Lofgren, a Democrat from California. “There was the great plunder.”