May 20, 2024

Trump Smashes Biden’s Fundraising Record with $50 Million Saturday Haul

Former President Donald Trump’s marketing campaign and the Republican National Committee (RNC) introduced on Saturday night {that a} Trump fundraiser in Palm Beach, Florida, has set a brand new single-fundraiser file for a presidential marketing campaign by pulling in additional than $50 million in a single night time.

The new file by Trump comes simply weeks after Democrat President Joe Biden set a file when he appeared in New York City alongside former Presidents Barack Obama and Bill Clinton to drag in a then-record $26 million.

Trump’s Saturday night fundraiser almost doubled that and represents a large shift amongst donor class Republicans coming residence to Trump as the previous president final month crossed the brink of the requisite variety of delegates wanted to develop into the presumptive GOP nominee for president in a 3rd straight election.

“Tonight will be an incredible night for President Trump and the Republican Party, raising an astounding $50.5 million,” Trump marketing campaign senior advisers Chris LaCivita and Susie Wiles stated in an announcement.:

Meanwhile, after locking up the nomination in one of many quickest primaries in trendy political historical past, Donald J. Trump is profitable ballot after ballot and proving that the keenness is on his aspect. It’s clearer than ever that we’ve got the message, the operation, and the cash to propel President Trump to victory on November 5.

Newly put in RNC chairman Michael Whatley and co-chair Lara Trump—Trump’s daughter-in-law—additionally stated that the fundraiser represents that the GOP is unified behind Trump and prepared for battle with Biden.

“The success of tonight’s event is proving what we already know: Americans are fed up with Biden’s record of failure, from the open southern border and sky-high inflation to the migrant crime crisis that has made everyone less safe,” Whatley and Lara Trump stated. “The Republican Party is united behind the effort to elect President Donald J. Trump, and Americans are lining up to join our movement and retire Crooked Joe Biden once and for all.”

Hedge fund billionaire John Paulson, who has been mentioned as a attainable candidate for Secretary of the Treasury ought to Trump win once more in November, hosted the fundraiser at his mansion in Palm Beach. Billed the “Inaugural Leadership Dinner,” a number of donors topped out at $824,600—the max donation at this occasion—for a “Chairman level” remedy the place Trump would sit with them at dinner.

Also in attendance on the fundraiser have been former first woman Melania Trump and three of Trump’s earlier intra-party 2024 rivals: businessman Vivek Ramaswamy, North Dakota Gov. Doug Burgum, and Sen. Tim Scott (R-SC).

A duplicate of the fundraising invitation that the New York Post published exhibits a who’s who checklist of mega GOP donors together with Robert Bigelow, Harold Hamm, Steve Wynn, Robert Mercer, Todd Ricketts, Scott Bessent, John Catsimatidis, former Sen. Kelly Loeffler (R-GA) and her husband Jeffrey Sprecher, and lots of extra.

This record-setting fundraiser on Saturday night for Trump comes after the Trump marketing campaign and RNC introduced earlier this week that in March they raised $65.6 million already and had $93.1 million in money available.

In distinction, the Biden marketing campaign and Democratic National Committee (DNC) introduced that to finish March they’d raised $90 million collectively and had $192 million in money available. Trump’s Saturday night fundraiser will minimize considerably into that Biden benefit and, as the previous president continues to boost extra—and large GOP donors come round to him now that the first is over—that edge for Biden is prone to wane.



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