Running for a government position is not the best way to use one’s money, but since political campaigns can raise funds, it helps see a politician through. In Donald Trump’s case, politics became a good source of money since he was able to convince millions that his business acumen is the key to making America great again. That being the case, Trump was able to raise hundreds of millions for his reelection political campaigns.
Right on the day of his inaugurations as the 45th president of the U.S., Trump filed the necessary paperwork needed in connection with his plan of running for reelection in year 2020. Why? Doing so gave him reason to continue soliciting donations to fund his future reelection campaign; to which his supporters gladly contributed regardless of the outcome of his performance during his 4-year term as U.S. president.
Yet during the November 2020 elections, an analysis of his campaign spending revealed that Trump never contributed money to the Republican Party to which he is affiliated. According to reports that analyzed how Trump’s reelection campaign money were disbursed while still serving office.
The 45th U.S. president was able to amass as much as $785 million for his reelection campaign, of which a total of $2.7 million went out as payment to numerous Trump-owned businesses. Payments were made, starting from the very first day he took office, up to the 2020 Election Day.
An Analysis of Federal Election Commission Filings Provided Details of the Money Trail
A non-profit democracy group called Campaign Legal Center conducted a study of how money flowed out of the Trump reelection campaign fund toward 100% Trump-owned companies. The 81-page report was filed with the Federal Election Commission as basis for complaints of illegal use of campaign funds.
The Trump Tower -A total of $1.6 million flowed here, after Trump Tower was named as the campaign’s headquarters during the 2016 election. This despite the fact that Trump’s campaign team opened and used a different headquarter in D.C. during the period of campaign.
Trump Corp. -Supposedly a management company owned by Trump, it received a total of $293,000 as payments for legal consulting for an unspecified reason, using the reelection campaign money,.
Trump Plaza LLC – This Trump-owned company collected as much as $84,000 as rent paid for by Trump’s reelection campaign fund. Based on the federal filings, there was no clear details on why the reelection campaign needed to rent any of the spaces inside the Trump Plaza. Residents and business owners at Trump Plaza reported that there were no signs of any campaign activities, while no storefronts nor brownstone houses were used as a campaign office.
Trump Restaurants and Hotels Other companies completely owned by the former president also charged rent amounting to $503,000 using reelection campaign funds.
Now that the November 2020 election is over, questions regarding the above payments to Trump-owned businesses remain unanswered. Representatives of the Trump Organization have not provided a statement in response to the complaint filed by the democratic nonprofit organization. .