Defying critics on the left who discount his support by the masses, President Trump has amassed a huge fundraising haul for his re-election campaign.
Thanks to a steady stream of donations from small donors, Trump has raised more than $42 million for his 2020 re-election bid in the first quarter of 2017, The Washington Post reported.
Trump’s reelection stockpile grows as small donors keep giving, @mateagold https://t.co/aPAG4ANZV0
— David Nakamura (@DavidNakamura) April 14, 2017
According to new Federal Election Commission filings and party officials, from Jan. 1 through March 31, Trump pulled in $42.6 million between the Republican National Party and two joint fundraising committees. This is two and a half times more than what former President Obama raised in his first quarter in the White House.
Thanks to slew of fundraising emails, Trump/RNC raised $42.6 mil in Q1, more than 2x Obama/DNC eight years ago https://t.co/bGKCKXmNPY
— Matea Gold (@mateagold) April 14, 2017
Washington Post reported:
Much of the money came from small donors who gave less than $200 in response to email solicitations urging them to support the president’s agenda and stymie “the Fake News and Democrats in Congress,” as one put it. More than 250,000 new contributors have given online to Trump’s campaign committee or the RNC so far this year, officials said.
Trump’s $42.6 million haul with the national party and two joint fundraising committees is more than twice as much as the $15.8 million that then-President Barack Obama raised in conjunction with the Democratic National Committee during the first quarter of 2009, campaign finance reports filed Friday show.
The president has continued fundraising even after the election, something his predecessors did not do.
How nonstop email fundraising is helping Trump stockpile money for 2020:
Trump 2017 q1: $6.6 mil raise
Obama 2009 q1: -$90K raise— Matea Gold (@mateagold) April 14, 2017
T-shirts, bumper stickers and Trump-branded merchandise continue to be marketed online and in emails.
Trump campaign has paid nearly $500K this year to Trump hotels, Trump Tower and Trump restaurants, filings show. https://t.co/bGKCKX5cYq
— Matea Gold (@mateagold) April 14, 2017
Trump properties have also come out winners as nearly $500,000 was spent by the campaign and a joint fundraising committee on hotels, facility rentals and restaurants, according to the reports.
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