Former President Trump’s political action committee already touts an impressive war chest ahead of the 2022 midterms and a possible presidential campaign in 2024. Trump’s Save America PAC reportedly has $85 million on hand after only being formed after the 2020 presidential election. According to the FEC, the PAC began 2021 with roughly $31.2 million in the bank.
Fox News reports:
The funds are likely to be used to help Republican candidates across the country as the GOP attempts to take back the majority in the House of Representatives and/or the Senate in 2022, a source familiar told Fox News Thursday.
That report showed that the PAC had only spent around $218,000 by the end of 2020 — all in merchant fees to WinRed, a GOP online fundraising platform designed to compete with Democrats in the battle for small-dollar campaign donations.
After the election last year, now-former Trump campaign communications director Tim Murtaugh told Fox News that Trump “always planned to [fundraise], win or lose, so he can support candidates and issues he cares about, such as combating voter fraud.”
Republicans have been boasting impressive campaign hauls ahead of the 2022 elections. Recently, pro-Trump Congresswoman Marjorie Taylor Greene revealed she has brought in $3.2 million in the first quarter.