PAC - Trump's Legal Expenses Get Priority Over RNC In Fundraising Agreement | Benzinga
In a recent development, the joint fundraising agreement between former President Donald Trump and the Republican National Committee will prioritize payments to Trump’s campaign and a Political Action Committee covering his legal expenses before the party itself.
What Happened: The fundraising agreement could result in Republican donors’ contributions being used to help Trump settle his substantial legal bills before they are utilized for the national and state parties for election season, reported The Hill.
The details of this agreement were first disclosed by The Associated Press, referencing the fine print of an April 6 fundraiser invite. The invite clarified that donations to the joint fundraising committee, known as the Trump 47 Committee, will initially be used to provide the maximum amount permissible under Federal Election Commission (FEC) guidelines to the Trump campaign.
Any remaining funds will be directed towards the maximum donation to the Save America PAC, with any surplus going to the RNC and state political parties. The Trump campaign has stated that Save America covers expenses beyond Trump's legal fees and downplayed the overall amount the PAC will receive if a donor maxes out.
A spokesperson ...