(DCWatchdog.com) – Underlining that the Republican agenda has one of the most popular candidates for the upcoming presidential elections, former President Donald Trump and the Republican Party will host a fundraising event that is expected to overshadow a recent star-studded gathering for Joe Biden and the Democratic Party.
The Financial Times reported that the Trump-GOP event, which is scheduled for next week, has amassed at least $33 million. However, the amount is yet to be verified until campaign disclosure filings are released.
In contrast, a New York City fundraiser for Biden, where former Presidents Barack Obama and Bill Clinton, along with various celebrities, succeeded in raising $25 million.
The upcoming Trump fundraiser, which will allow contributions excееding $800,000 from each donor, will take place at billionaire John Paulson’s residеnce.
According to an invitation obtainеd by ABC News, the event’s co-chairs are notable figures from the Trump era, including Linda McMahon, who served as Small Business Administrator, former Commerce Secretary Wilbur Ross, and Woody Johnson, the owner of the New York Jets.
John Paulson expressed his enthusiasm about the fundraising results, stating, “The response to our fundraising efforts has been overwhelming, and we’ve raised over $33 million so far. There is massive support amongst a broad spectrum of donors. The dinner is relatively small in nature, and we are almost at our cap.”
Trump’s ability to engagе in fundraising activities with the Republican National Committее was restricted until he emerged as the likely GOP nominee.
Moreover, a portion of the proceeds from the Palm Beach event, up to $5,000 per donor, is reserved for the Save America PAC. As ABC News revealed, this political action committee has been instrumental in defraying millions of dollars in legal expenses for Trump.
The roster of co-chairs for Trump’s fundraiser extends to Todd Ricketts, who previously led Trump’s campaign finance efforts, energy sector leader Harold Hamm, aerospace magnate Robert Bigelow, hedge fund manager Robert Mercer, and casino mogul Phil Ruffin.
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