Trump Raises $34M For Presidential Campaign, With Surge In Donations Following Indictment

Zinger Key Points
  • Donald Trump's indictment has reportedly helped him grow his fundraising base.
  • Trump raised roughly $168,000 daily from January 1 until charges were filed against him on March 30.

Former President Donald Trump has raised over $34 million for his race for the White House in 2024. 

The embattled politician's campaign said fundraising has been seen a huge boost as a result of his recent indictment, reports Politico. 

Trump raised $18.8 million in the first quarter through his joint fundraising committee and campaign. However, he generated nearly $15.4 million two weeks after charges of falsifying business records were filed against him, according to his campaign. The indictment has reportedly helped Trump grow his fundraising base — in fact, nearly a quarter of those who contributed to Trump during that period had never given to him, Politico notes. 

“In general, any time a candidate’s name is all over the media and dominating attention, it’s good for fundraising,” Eric Wilson, a Republican digital strategist, told the publication. “The wall-to-wall coverage just put him top of mind for donors.”

Also Read: Why Former President Trump Security Advisor May Need To Hand Over Money Received For Attending Gala With Putin

Trump’s fundraising campaign said he raised roughly $168,000 daily from January 1 until charges were filed against him on March 30. Within 24 hours of the indictment announcement, the former president raised over $4 million. 

The campaign collected $14.5 million during the first quarter, most of which came from a transfer by the joint fundraising committee. It spent $3.5 million and had $13.9 million in cash as of March 31. 

Politico also notes that Trump’s campaign roped in GOP fundraiser Meredith O’Rourke to oversee its finance efforts.

According to a recent poll, while Trump’s indictment could strengthen his base supporters, it will not necessarily help him gain the moderate voters he needs to win back the White House. In March, a federal grand jury indicted the former president on criminal charges related to hush money payments made to adult film star Stormy Daniels.

Read Next: Speaking At Rally, Trump Says ‘Weirdo’ Mark Zuckerberg Once Came To White House For Dinner

Photo: Shutterstock

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