FFundraising for former President Donald Trump’s 2024 re-election campaign surged after the March 30 indictment, raising $18.8 million between January and March, including $4 million in the 24 hours after the indictment. According to new filings from his campaign, the indictment, Politics reports.
The large sum was split between the former president’s political action committee, Save America, and his campaign, which is due to file first-quarter financial information with the Federal Election Commission on Saturday. Trump’s fundraising surge has fueled interest in the Republican primaries, where he has a foothold among MAGA supporters but continues to face controversy and legal problems.
On March 30, Manhattan District Attorney Alvin Bragg charged Trump with 34 counts of falsifying business records allegedly related to a 2016 money laundering scandal, just weeks before his presidential victory. Trump has pleaded not guilty, and prosecutors requested a trial in January, weeks before the Iowa caucuses began in the GOP primary.
according to Politics, the campaign says PC’s office raised $15.4 million in the two weeks after Trump’s indictment, and a quarter of donors during that time had never donated to Trump before. He received more than 312,000 donations, more than 97% of which were under $200 each, with an average of around $49.
Trump also reportedly raked in $168,000 a day in the first quarter, from January 1 to March 31. Politics. Donation figures given for the March 30-31 post-indictment window do not reflect the true extent of Trump’s fundraising in the weeks since the indictment.
Trump’s fundraising report shows the campaign raised $14.5 million in the first quarter, almost all of it from Save America, according to campaign records. Politics reports. In addition, the campaign said it spent $3.5 million and had $13.9 million in cash on hand at the end of March.
Trump began fundraising in November, but his earnings have been lower than his 2020 re-election bid while in office. It raised more than $30 million in the first quarter of 2019.
The campaign is working to raise revenue, with recent efforts such as hiring experienced Republican fundraisers to win the crowded race for the Republican presidential nominee. Trump’s competition includes former South Carolina Gov. Nikki Haley, tech entrepreneur Vivek Ramaswamy, former Arkansas Gov. Asa Hutchinson and potential candidates who have supported Trump over the years, including Florida Gov. Ron DeSantis, former Vice President Mike Pence and former Secretary State Mike Pompeo.
Other must-read books from TIME
