Reuters: Trump fundraising slows but still yields over $100 million in cash

Jan 31 (Reuters) – Donald Trump’s fundraising slowed in late 2021 but the former leader still amassed more than $100 million in cash that could help Republicans in their bid to win congressional majorities later this year, disclosures released on Monday showed.

Trump’s main fundraising committee, known as Save America, took in about $23 million between July and December of last year, down from $62 million in the first half of 2021, according to reports to the Federal Election Commission.

Trump, now about one year out of office after losing the 2020 presidential election to Democrat Joe Biden, remains popular among Republicans as he continues to falsely state he lost the election due to fraud. …

While Trump has strongly hinted he could run for president again in 2024, campaign finance rules forbid him from funding his own candidacy with money raised by Save America.

But Trump is spending large sums to hold political rallies that ostensibly support Republican candidates but which feature his own speeches as the main event.

“Trump very well may find a way to spend the money he raised in 2021 in support of a 2024 campaign and get away with it,” said Paul Ryan, a campaign finance specialist at Common Cause, a nonpartisan group that advocates for government reform.