Donations to GOP drop as worries mount about the party’s finances - eviltoast

Donors have not cut as many large checks to the RNC in recent years, and the party’s small-dollar program has also suffered

The Republican Party’s finances are increasingly worrisome to party members, advisers to former president Donald Trump, and other operatives involved in the 2024 election effort, according to 10 people familiar with the matter.

The Republican National Committee disclosed that it had $9.1 million in cash on hand as of Oct. 30, the lowest amount for the RNC in any Federal Election Commission report since February 2015. That compares with about $20 million at the same point in the 2016 election cycle and about $61 million four years ago, when Trump was in the White House.

The Democratic National Committee reported having $17.7 million as of Oct. 30, almost twice as much as the Republican Party, with one year before the election.

  • OldWoodFrame@lemm.ee
    link
    fedilink
    arrow-up
    26
    arrow-down
    1
    ·
    1 year ago

    The trouble with running an anti-establishment populist is that the base he attracts doesn’t trust establishments like the Republican Party. They all gave their money to the Save America PAC and the Trump Campaign, and Trump spent it on his personal legal fees.

    • WashedOver@lemmy.ca
      link
      fedilink
      arrow-up
      16
      arrow-down
      1
      ·
      1 year ago

      The amount he’s spent from donors should be discussed way more. Remember he’s a super successful business man, he shouldn’t need any help right? 🤔

    • Breve@pawb.social
      link
      fedilink
      arrow-up
      9
      ·
      1 year ago

      This feels like the “leopards eating faces party” of political funding. “What do you mean our dark money pool created to sidestep regulations and accountability was emptied by a rogue leader because it was unregulated and unaccountable?” [surprised Pikachu face]

    • lagomorphlecture@lemm.ee
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      He isn’t the only one that been caught dipping into the campaign funds. Even if you were totally a Republican you shouldn’t donate because that’s likely to just be stolen by a bunch of criminals. My god the rest of us all know this. I’m just surprised their donors seem to maybe be catching on.

    • 73rdNemesio@infosec.pub
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      And not to mention the ‘establishment’ donators watched as the RNC used their donations to fund Trump legal fees until shit really started hitting the fan.