Donald Trump says for the general election, he won't self-fund his campaign
Presumptive Republican nominee Donald Trump said that looking ahead to the general election, he will not self-fund his campaign, instead creating a "world-class finance organization."
The campaign is expected to cost more than $1 billion, and Trump said Wednesday he does plan on "putting up" some money, The Wall Street Journal reports. By the end of March, Trump's campaign had spent $47 million, with $36 million coming from Trump. Two advisers told WSJ he plans on tapping into supporters who do not regularly give to the Republican Party, and an aide said he is starting to work with the Republican National Committee to develop a joint fundraising agreement. He also plans on helping the RNC raise money for other candidates through fundraising events and direct mail.
Throughout his campaign, Trump touted the fact that he was not accepting money from wealthy donors or super PACs. "This is one more example that voters can't take Donald Trump at his word," said Democratic National Committee communications director Luis Miranda. "He'll say anything to get elected, so long as it personally benefits him." Trump's website features a prominent "donate" button, and proceeds from items sold in his online store go toward his candidacy. Trump has already raised $12 million from supporters, with most of the donations $200 or less, WSJ reports.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
What is a bubble? Understanding the financial term.the explainer An AI bubble burst could be looming
-
France makes first arrests in Louvre jewels heistSpeed Read Two suspects were arrested in connection with the daytime theft of royal jewels from the museum
-
Argentina’s Milei buoyed by regional election winsSpeed Read Argentine President Javier Milei is an ally of President Trump, receiving billions of dollars in backing from his administration
-
Trump vows new tariffs on Canada over Reagan adspeed read The ad that offended the president has Ronald Reagan explaining why import taxes hurt the economy
-
NY attorney general asks public for ICE raid footageSpeed Read Rep. Dan Goldman claims ICE wrongly detained four US citizens in the Canal Street raid and held them for a whole day without charges
-
Trump’s huge ballroom to replace razed East WingSpeed Read The White House’s east wing is being torn down amid ballroom construction
-
Trump expands boat strikes to Pacific, killing 5 moreSpeed Read The US military destroyed two more alleged drug smuggling boats in international waters
-
Trump demands millions from his administrationSpeed Read The president has requested $230 million in compensation from the Justice Department for previous federal investigations
-
Trump nominee in limbo after racist texts leakSpeed Read Paul Ingrassia lost Republican support following the exposure of past racist text messages
-
Trump begins East Wing demolition for ballroomspeed read The president’s new construction will cost $250 million
-
Appeals court clears Trump’s Portland troop deploymentSpeed Read A divided federal appeals court ruled that President Trump can send the National Guard to Portland
