Panel puts Trump fundraising tactics under scrutiny
Committee: He solicited donations based on election lie
Since Election Day in 2020, Donald Trump and his close allies have raised more than $390 million through aggressive fundraising solicitations promising bold political actions, helping allied candidates win their own campaigns and fighting “to save America from Joe Biden and the radical left.”
In reality, though, campaign finance filings show that much of the money spent by political committees affiliated with Trump went toward paying off his 2020 campaign expenses and bolstering his political operation in anticipation of an expected 2024 presidential run. As of a few months ago, $144 million remained in the bank.
The House committee investigating the Jan. 6, 2021, attack on the Capitol is suggesting that there might be criminal exposure in one particular strain of Trump’s misleading fundraising appeals — those urging his supporters to donate to efforts to overturn his loss in the 2020 election.
In a hearing Monday, the panel highlighted fundraising solicitations sent by Trump’s campaign committees in the weeks after the election, seeking donations for an “Official Election Defense Fund” that the Trump team claimed would be used to fight what it asserted without evidence was rampant voter fraud favoring Biden.
It was an especially cynical endeavor, according to the committee, because Trump and his allies knew his claims of a stolen election were false. Yet they continued using fundraising appeals to spread that falsehood, and to raise money that the committee suggested was paid to Trump’s business and groups run by his allies.
Rep. Zoe Lofgren, D Calif., who led the committee’s presentation on Trump’s fundraising, suggested that his allies continued their futile legal challenges to the election because they needed to
justify their fundraising.
After the hearing, she suggested that the Justice Department should assess whether it was a crime for Trump to have “intentionally misled his donors, asked them to donate to a fund that didn’t exist and used the money raised for something other than what he said.”
Campaign finance experts expressed mixed opinions about the prospects of any potential prosecution.
While misleading fundraising claims are something of a staple of modern politics, the Justice Department in recent years has charged a number of operators of so-called scam PACS — political action committees that raise money mostly to pay the consultants operating them.
The experts said that any investigation of Trump’s fundraising would likely target his aides, not the former president.
And they pointed out that the Trump Make America Great Again Committee, the campaign committee that sent out most of the solicitations for the election defense fund, transferred funds to the Republican National Committee, which spent money on legal fights related to the 2020 election.
“In contrast with some of these other scam PAC prosecutions ... Trump might argue that a portion of the funds raised in the post-election period went toward litigation, and an additional portion went toward future ‘election integrity’ efforts,” said Brendan Fischer, a campaign
finance expert at watchdog group Documented.
The Jan. 6 panel’s video on the subject asserted that “the claims that the election was stolen were so successful, President Trump and his allies raised $250 million.”
It was not entirely clear how the committee arrived at the $250 million figure. It roughly corresponds to the amount of money Trump’s campaign committees and the RNC raised in the more than eight weeks after the Nov. 3 election, according to campaign finance filings from Winred, the digital platform Republicans use to process online donations.
The New York Times’ analysis of Trump’s fundraising in the 19 months since the election relies on data filed with the Federal Election Commission by Winred and other groups to assess the totals collected by eight committees. They include Trump’s three campaign committees. The analysis does not include the RNC.
On Monday, the Jan. 6 panel noted that, instead of funding election-related litigation, “most of the money raised” after the election was transferred to Save America. The PAC “made millions of dollars of contributions to protrump organizations,” the committee said, including more than $200,000 to Trump hotel properties and $1 million each to America First Policy Institute and the Conservative Partnership Institute, nonprofit groups started and run partly by former officials in Trump’s administration.
Lofgren, in an interview with CNN, asserted that the Trump fundraising effort was a “grift,” citing the compensation received by Kimberly Guilfoyle, who helped lead fundraising efforts for Trump’s campaign and post-election political committees, for remarks she gave introducing her fiance, Donald Trump Jr., at the Jan. 6
Trump rally that preceded the attack on the Capitol.
According to an invoice viewed by the Times, $60,000 was paid for “Keynote speeches by Kimberly Guilfoyle and Donald Trump Jr.” by Turning Point Action, a nonprofit group that has backed Trump, but is not among those run by Trump’s close associates and is not included in the Times’ analysis of his fundraising.
A person familiar with Donald Trump Jr.’s deposition to the panel said the former president’s son indicated that the money had gone to Guilfoyle and that he had received none of it.
Recent fundraising solicitations from Trump’s political operation have often relied on appeals to support Trump, without promising any specific spending target.