Trump Raises $600 Million Ahead Of Midterms And Eyes Even More Aggressive Goal [View all]
Source: Huff Post/AP
May 22, 2025, 04:43 PM EDT
WASHINGTON (AP) — Between a barrage of executive orders, foreign trips and norm-shattering proclamations, Donald Trump has also been busy raking in cash.
The president has amassed a war chest of at least $600 million in political donations heading into the midterm elections, according to three people familiar with the matter. It’s an unprecedented sum in modern politics, particularly for a lame-duck president who is barred by the U.S. Constitution from running again.
Trump is keeping an aggressive fundraising schedule with the ultimate goal of raising $1 billion or more to back his agenda and hold the House and Senate next November, according to the people, who spoke on condition of anonymity to share internal details of the fundraising efforts.
The preoccupation with fundraising might seem highly unusual for a president who was notably averse to dialing for dollars when he first ran. But according to people familiar with his thinking, it makes perfect sense: By amassing money, Trump amasses power. Trump is eager to reverse the tide of Democrats routinely outraising GOP candidates and wants to maximize his own impact as president.
Read more: https://www.huffpost.com/entry/ap-us-trump-fundraising_n_682f8ab8e4b05418243cd0fc
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