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Trump Smashes Biden’s Fundraising Record with $50 Million Saturday Haul

Former President Donald Trump’s campaign and the Republican National Committee (RNC) said Saturday night that Trump’s fundraiser in Palm Beach, Florida, raised more than $50 million in one night, making it the single largest fundraiser for the presidential campaign. It was announced that a new record had been set.

Trump’s new record comes just days after Democratic President Joe Biden set a record by appearing in New York City with former Presidents Barack Obama and Bill Clinton and raising a then-record $26 million. Achieved a few weeks later.

President Trump’s Saturday night fundraiser nearly doubled that amount, as the former president last month surpassed the delegate threshold needed to become the presumptive Republican nominee for a third consecutive presidential term. , represents a major change in the Republican donor base’s devotion to Mr. Trump.

“Tonight will be an amazing night for President Trump and the Republican Party, raising an incredible $50.5 million,” Trump campaign senior advisers Chris LaCivita and Susie Wiles said in a statement. .

Meanwhile, after clinching the nomination in one of the fastest primaries in modern political history, Donald J. Trump is proving enthusiasm is on his side with a flurry of poll wins. It’s clearer than ever that we have the message, the strategy, and the money to lead President Trump to victory on November 5th.

New RNC chair Michael Whatley and co-chair Lara Trump (Trump’s daughter-in-law) also announced that this fundraiser will unite Republicans in support of Trump and take on Biden. He said it shows that he is ready.

“The success of tonight’s events proves what we already know: Americans are struggling to survive, from an open southern border and soaring inflation to an immigrant crime crisis that has made everyone less safe. “We’re tired of Biden’s record of failure,” Whatley and Lara Trump said. Said. “The Republican Party is united behind the effort to elect Donald J. Trump as President, and Americans are lining up to join our movement and retire crooked Joe Biden once and for all. ”

Hedge fund billionaire John Paulson, who has been talked about as a possible candidate for Treasury secretary if Trump wins again in November, hosted a fundraiser at his Palm Beach mansion. Dubbed the “Inaugural Summit Dinner,” several donors reached the event’s highest donation amount of $824,600 for the “chairman-level” treatment in which Trump was present at the dinner.

The fundraiser includes former first lady Melania Trump and three of Trump’s former 2024 party rivals, businessman Vivek Ramaswami, North Dakota Governor Doug Burgum and Tim Scott. Senator (R-South Carolina) also attended.

Copy of invitation to fundraiser new york post published Robert Bigelow, Harold Hamm, Steve Wynn, Robert Mercer, Todd Ricketts, Scott Bessent, John Catsimatidis, and former Sen. Kelly Loeffler (R-Ga.) and her husband, Jeffrey Sprecher, among others. .

Saturday evening’s record fundraising effort for Trump comes after the Trump campaign and RNC announced earlier this week that they had already raised $65.6 million in March and had $93.1 million in cash on hand. Ta.

By contrast, the Biden campaign and the Democratic National Committee (DNC) announced they had jointly raised $90 million by the end of March and had $192 million in cash on hand. President Trump’s Saturday night fundraiser will significantly erode Biden’s lead, but the former president continues to raise more money and now that the primaries are over, Republican big donors are coming to him. As they gather, Biden’s advantage is likely to fade.

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