Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business

  • 📰 Forbes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Donald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings by DanAlexander21

U.S. President Donald J. Trump speaks to crowd of supporters at the Phoenix Convention Center during a 2020 Trump rally.Donald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to aanalysis of the latest campaign filings. And although outsiders have contributed more than $50 million to the campaign, the billionaire president hasn’t handed over any of his own cash. The net effect: $1.

At first, he acted like it, spending $50 million of his own money from April 2015 to June 2016. But the following month, when he was officially named the Republican nominee for president, his financing model changed. From July to November of 2016, outsiders contributed $234 million while Trump put up just $16 million.

In addition, the campaign has paid $54,000 to Trump Plaza LLC, which controls a property that includes two brownstone apartment buildings in New York City. The reason for those payments, which are listed as “rent,” remains unclear.staked out the property for 14 hours on a November day but still could not pin down what exactly the campaign was renting. A person working behind the front desk couldn’t make sense of it either.

Inside the building lie clues to the purpose of the payments. Near Trump Grill and Trump’s Ice Cream Parlor, there’s a kiosk where tourists can buy T-shirts, hats and other campaign memorabilia. The fine print at the bottom of a poster next to the stand says, “Paid for by Donald J. Trump for President, Inc.”—the official name for the president’s 2020 campaign committee.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DanAlexander21 This President works ahead of time and funds his campaign, lovely.

DanAlexander21 I thought he was self funding? And Mexico was paying for the wall, the ACA would be repealed, PP wouldn't be funded, need I go on?

DanAlexander21 Trump has bragged about donating his $400,000 salary. However, a $1.3 million windfall in 2 years is not a bad personal perk. And that’s just what we know so far. MarALago TrumpNational TrumpTower

DanAlexander21 What was the profit margin?

DanAlexander21

DanAlexander21 Grifters gunna grift

DanAlexander21 Better he charge his campaign fund than the taxpayers! Did he not also finance his own Primary? Build the Wall!

DanAlexander21

DanAlexander21 mr_jettlife

DanAlexander21 That was Michelle’s weekly petty cash.

DanAlexander21 How else is he supposed to launder all that 'campaign donations'

DanAlexander21 That's enough for steak & lobster DAILY.

DanAlexander21 How much has he charged the USA for all his trips to Mar a Lago?

DanAlexander21 RIPPING PEOPLE OFF EVERY DAY FRAUDSTER

DanAlexander21 Forbes is known radical leftists fake news fake story den

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump Has Now Shifted $1.3M Of Campaign-Donor Money Into His BusinessDonald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings. I can’t! IDIOTS So what? His donors don't care. “I don’t need anybody’s money.” He either doesn’t have it, or only wants to waste the dollars donated on a campaign.
Source: Forbes - 🏆 394. / 53 Read more »