Led by Save America PAC, the former president’s new political outfit, the three groups have over $100 million in the bank.
In this July 11, 2021, photo Donald Trump speaks at the Conservative Political Action Conference in Dallas, Texas. | LM Otero, File/AP Photo
By ALEX ISENSTADT and MERIDITH MCGRAW
Former President Donald Trump’s political committees raised $82 million during the first half of 2021 and have $102 million in the bank, according to federal filings to be made public Saturday evening.
The figures, shared first with POLITICO, underscore the profound reach of Trump’s fundraising power. While the former president is out of office and has been deplatformed on social media sites, he maintains a massive online donor network that he could lean on should he wage a 2024 comeback bid.
The scenario is virtually unprecedented: Never in history has a former president banked nine figures’ worth of donations to power a political operation. Over the first six months of the year, Trump’s political groups whipped up supporters with baseless claims of election fraud to pull in more cash than the Republican Party’s House and Senate campaign arms. The Trump committees raised nearly as much as the Republican National Committee.