How Donald Trump moved millions from his campaign donors to his private business:
Erik McGregor/LightRocket via Getty Imagesonald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent. The result is that $2.2 million of contributions from other people has turned into $2.2 million of revenue for Trump.
It’s a meaningful sum, even for a large business. Consider the payments to Trump National Doral, the president’s golf resort in Miami. In 2017, Trump’s first year leading the country, revenues at Doral dropped from $88 million to $75 million, dragging profits down from $12.4 million to just $4.3 million. The next year, the RNC, which had spent just $3,000 at the property in 2017, upped its expenditures to $603,000.
Trump Bedminster's customers include Trump Victory, one of the president's joint fundraising committees.It's not the only Trump asset getting political payouts. While the Trump Organization was working to fill space inside Trump Tower, the president’s reelection campaign remained a reliable tenant, spending about $38,000 on rent per month. More than three years after Trump became president, those payments now total $1.5 million, an even bigger haul than the amount that went to Doral.
The reelection campaign hasn’t spent much money at Mar-a-Lago. But Trump Victory, one of its joint fundraising committees, has picked up the slack and shelled out $345,000 since Trump took office, according to the review of filings. The RNC chipped in $290,000, as well.Wang Yingh/Newscom
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