In January 2021, Donald J. Trump will leave the White House as a private citizen standing on top of a pile of campaign cash, a situation that has never happened before with an outgoing president, and with few legal limits to spend it.
Trump, who has suffered a defeat he has yet to acknowledge, has cushioned the blow by convincing his loyal supporters–often under dubious pretences–to hand over immense sums of money : since election day, he has raised about $250 million along with the national party.
Over $60 million of that has ended up in a new political action committee (PAC), according to people familiar with the subject, which will control Trump after he leaves office.
Lara Trump listening to Rudolph W. Giuliani the day after the 2020 election in the United States. She was Trump’s senior advisor. Photo: Gabriela Bhaskar for The New york city Times
The post-election storm of fundraising has cemented Trump’s position as an unparalleled force and the preeminent collector of the Republican Party, even in defeat
During the campaign, many of his major expenditures, such as the purchase of digital and television advertisements, were channeled through an airtight limited liability company (LLC) called American Made Media Consultants. New documents reviewed by The New York Times show that Lara Trump, Trump’s daughter-in-law and a senior campaign advisor, served on the board of directors and was named in draft articles of incorporation.
Poll workers during the ballot count in Fulton County, Atlanta on