The Republican National Committee (RNC) has recently formed a fundraising alliance with a group known for covering legal expenses, a move that could potentially funnel significant resources into Donald Trump’s legal defense efforts.
Reports indicate that this partnership has emerged just as Trump secures the Republican presidential nomination, enabling him to join forces with the RNC in fundraising endeavors leading up to the highly anticipated November 5 election rematch against Democratic candidate Joe Biden.
Despite his secure nomination, Donald Trump finds himself under increasing financial strain due to mounting legal costs and reluctance from major donors to contribute, citing concerns over where their donations may end up. To address this pressing need for legal funds, the Trump 47 Committee has prioritized directing contributions to the Save America leadership group before allocating any funds to the Republican National Committee (RNC), as revealed by an invitation to an upcoming fundraiser in Palm Beach, Florida.
This strategic move aims to bolster a fund that has already exhausted more than $55 million on legal expenses since the beginning of 2023, with the risk of depletion looming as support from another fundraising entity dwindles. However, Save America’s ability to absorb donations is capped at $5,000 per individual, constraining the potential impact of the collaboration with the RNC.
Reports indicate that the Trump 47 Committee is urging top donors to collectively contribute up to $814,600, with Save America receiving a portion before passing on funds to the RNC, which stands to gain up to $413,000. Additional allocations would then be distributed among various Republican state parties.
In response to reports of funds being directed to Save America, Trump campaign spokesperson Steven Cheung emphasized that the majority of donations raised by the Trump 47 Committee ultimately benefit the Trump campaign, the Republican National Committee (RNC), and state GOP parties.
Financial disclosures revealed increased spending on legal fees by Save America last month, with its primary income being a $5 million refund derived mainly from small donors. This sum had been transferred to the main super PAC supporting Trump, MAGA Inc., in 2022. However, the majority of the $60 million previously received by MAGA Inc. from Save America has since been returned, potentially signaling challenges for Save America’s future fundraising efforts.
Meanwhile, Trump faces hurdles in securing a bond to cover a $454 million judgment in New York, raising concerns about potential asset seizures by the state against the Trump Organization.
