Former president Donald Trump’s new political action committee raised $31.5 million in the weeks after Election Day through a flurry of fundraising appeals purporting to fight election fraud and help Republicans maintain their majority in the Senate, new filings show.
But by Jan. 1 — two weeks after the electoral college certified President Biden’s victory and days before the two Senate elections in Georgia that tipped the chamber’s control to Democrats — he spent no money on either endeavor, according to disclosures made public Sunday evening.
Instead, Trump had held on to the majority of that money in the coffers of Save America, his new leadership PAC, which carries few restrictions on how the money can be spent and can now be used to finance his post-presidential political career.
In all, the official committees supporting Trump and the Republican Party raised more than $290 million since his Nov. 3 electoral defeat — a staggering amount by an outgoing president that highlights Trump’s lasting influence on the party and its fundraising apparatus.