Trump’s Political Operation Has Raised Over $500 Million Since the 2020 Election

Former President Donald Trump’s political operation has raised more than $500 million since the 2020 presidential election while using donor money to pay millions of dollars in legal bills and steer millions more to the coffers of Jan. 6 rally organizers, a newOpenSecretsAnalysis of federal campaign finance filings.

ABC News reportedThursday’s expansion of the probe by a federal grand jury into the push to overturn 2020 election results, and the activities leading up the attack on the U.S. Capitol on Jan. 6, 2021, was announced. Federal investigators are now seeking information about a central node of Trump’s political operation — his leadership PAC, Save America. The New York Times confirmedSubpoenas were issued by the federal grand jury in connection to the probe.

The Save America leadership PAC raised more than $100 million during the 2022 election cycle, and more than $30,000,000 in the final weeks of 2020 Election Day. This totals over $135,000,000 since its inception.

The leadership PAC’s fundraising slowed to under $6,000 in July despite spending about $4 million, OpenSecrets’ analysis of campaign finance data found, leaving Save America with under $100 million cash on hand left at the end of July.

Much of the leadership PAC’s funds have come in the form of transfers from the Save America joint fundraising committee, which files quarterly reports with the Federal Election Commission and won’t have to disclose its July fundraising until October.

The actual total may be even greater than the conservative $500 million estimate of the Trump political operation’s total fundraising through June 30, 2022, which excludes transfers between Trump-aligned political committees to avoid double-counting. This amount does not include funds raised from 501(c), nonprofits that don’t report fundraising to FEC.

Trump has not officially announced his decision to run for president in 2020. The delay in the announcement enablesTrump will solicit larger checks continueto work closely alongside groups that might go on to spend in support for his candidacy.

He has used his political operation to build a political war chest, base of loyal supporters, and to steer millions of dollars to pay legal fees amid mounting controversy.

Trump’s political operation has used recent media attention to rile up the former president’s base and bring in even more cash.

In the aftermath of the FBI’s search of Mar-a-LagoAccording to Save America PAC, the average daily fundraising for Save America PAC was $1 million. The Washington Post. Trump also made a profit from the Jan. 6th Committee hearings.

Several of the fundraising emails reference an “Official Trump Defense Fund,” a name that bears resemblance to the “Official Election Defense Fund” that Trump’s campaign and joint fundraising committee used to solicit donations in the final weeks of 2020. Despite a huge fundraising haul in 2020’s final weeks, the Select Committee to Investigate the Jan. 6 Attack on the United States CapitolWe found no evidence that the defense funds were being used. even a real entity.

While there is no evidence either “defense fund” exists, Trump’s political operation has steered more than $16 million to firms to cover legal fees from the start of the 2022 cycle through June 30. The political operation racked over $1 million in legal fees alone in July.

Trump’s political operation shelled out more than $6.6 million to cover legal costs since January of this year, filings as of Aug. 20 show.

As Trump’s political operation pays millions to law firms known to represent Jan. 6 witnesses, Republican Party committees have footed the bill for some of Trump’s own legal fees.

The Republican National CommitteeHas helped cover Trump’s legal bills related to New York Attorney General Letitia James’ investigation into the former president’s private businesses and other cases following his departure from the White House. But POLITICO reported that the RNC is not covering Trump’s legal fees related to the FBI search of Mar-a-Lago and would completely stop paying Trump’s legal fees if he formally declares his candidacy for president in the 2024 election — a step he has hinted at but has yet to take.

Firm Involved in Jan. 6 Rally Rakes in Millions From Trump’s Political Operation

Trump’s political operation also continued to route payments to at least one firm involved in the rally that preceded the Jan. 6 Capitol attack, even after the public hearings kicked off in June, OpenSecrets’ analysis of campaign finance filings found.

Trump-affiliated groups have paid $15 million to Trump Event Strategies Inc., a company named in permitThe Jan. 6 rally was also attended by two people who had been involved in the demonstrations since 2016. About half of that — over $7.2 million — came in the first seven months of this year, OpenSecrets found.

The bulk of those payments to Event Strategies Inc. came from Trump’s Save AmericaLeadership PAC

Overall, individuals and firms involved in organizing the Jan. 6 rally have received about $17 million in payments from Trump’s political operation with about $14 million since the start of the 2020 cycle — including in the weeks leading up to Jan. 6, 2021.

The Truth and Courage PACEvent Strategies began paying them in 2022. They have received approximately $73,000 in payments. The super-PAC, which is alignedSen. Ted Cruz (R-Texas), has spent more than $315,000 supporting Republican candidates for the 2022 midterms.

Brendan Glavin, Senior Data Analyst, contributed to this report.