Republican Donations Now Likely Paying Trump's Legal Bills
Source: Newsweek
Published Mar 22, 2024 at 6:15 AM EDT | Updated Mar 22, 2024 at 7:40 AM EDT
A new Donald Trump fundraiser will spend donations on his campaign and Save America, the political action committee (PAC) that has paid for the Republican's legal bills.
The Associated Press reported it obtained a fundraising invitation outlining the arrangement on Friday, claiming Trump invited donors to Palm Beach, Florida, on April 6. The outlet reports the invitation's fine print says donations to his new committee will first be used to give the maximum amount allowed under federal law to his campaign and that anything else will go towards Save America and then to the RNC and then to state political parties.
Newsweek has not obtained a copy of this invitation to verify it and has contacted a Trump spokesperson by email to comment on this story.
On Wednesday, Trump launched a joint fundraising committee with the Republican National Committee (RNC) to raise money.
Read more: https://www.newsweek.com/donald-trump-legal-bills-rnc-fundraising-1882169
Best_man23
(4,898 posts)Every dollar going to one of his parking lot "lawyers" is a dollar not being spent on a campaign.
Every RNC dollar going to Inmate P01135809 is a dollar not going to a down ballot R candidate.
Should we start calling the RNC the MNC (MAGAt National Committee)?
IronLionZion
(45,447 posts)Let's add some more charges and legal penalties. Really bankrupt the RNC for good.
Snoopy 7
(527 posts)Be paying a Gift Tax because they are gifting him the money. He hasnt earned it yet so its a gift. TAX THE SOB
mwb970
(11,360 posts)All to make sure he never faces any consequences for his actions. This is the way cult members always treat the cult leader.
PSPS
(13,600 posts)Remember him and Rajneeshpuram? His "followers" would all swarm around him as he idled by in his Rolls Royce.
ArkansasDemocrat1
(1,195 posts)Mostly thanks to Bloom County and Bhagwan Bill the Cat
IronLionZion
(45,447 posts)dembotoz
(16,806 posts)maybe a stormy dvd would be a good incentive to open the wallet
republianmushroom
(13,597 posts)While trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social
AllyCat
(16,189 posts)republianmushroom
(13,597 posts)Donald Trumps supporters are pushing to hand him a nearly $3.5 billion windfall by driving up the value of his also-ran social-media platform, which is on the cusp of getting approval to list on the stock market.
More..
https://www.wsj.com/finance/stocks/trump-is-in-line-for-a-3-5-billion-windfall-from-his-stake-in-truth-social-eae58c9d?st=p8gyfmyqo7qmvu9&reflink=desktopwebshare_permalink
AllyCat
(16,189 posts)republianmushroom
(13,597 posts)Trump social media company will go public as DWAC shareholders approve merger
Source: CNBC
Published Fri, Mar 22 2024 9:32 AM EDT Updated 16 Min Ago
Shareholders in Digital World Acquisition Corporation voted Friday to approve a merger with Donald Trumps social media company, a deal that could net the former president an eventual windfall of $3 billion or more.
The vote by DWAC shareholders comes about two-and-a-half years after the so-called special purpose acquisition company announced plans to merge with Trump Media & Technology Group, the private firm that owns the Truth Social app platform.
It also comes as Trump faces the possibility that New York Attorney General Letitia James on Monday will start trying to collect on a massive $454 million civil fraud judgment against him. Shares in the newly combined company, Trump Media, could begin to be publicly traded next week under the stock symbol DJT, Trumps initials.
Trumps long-gone casino and hotel company also traded under that ticker symbol. Several lawsuits recently filed over the mergers terms have not affected the voting schedule.
Read more: https://www.cnbc.com/2024/03/22/trump-could-net-3-billion-from-dwac-social-media-merger-vote.html
AllyCat
(16,189 posts)Botany
(70,512 posts)
.. pay the employees although the RNC has now lost a bunch of their experienced employees. And
the RNC is now under the direction of Lara Trump who has zero experience in running such an organization.
Nappy B of France 🇫🇷.
Link to tweet
?lang=en
malthaussen
(17,200 posts)Kid Berwyn
(14,908 posts)Saps. Mopes. Suckers.
Like money in the bank, theyre all the same to Trump.
cstanleytech
(26,293 posts)SouthernDem4ever
(6,617 posts)It will at least provide them a little warmth.