Connect with us

Hi, what are you looking for?

Latest News

First on Fox: Leading pro-Trump super PAC hauls in over $100 million past three months

Make America Great Again Inc., a top super PAC supporting former President Trump’s 2024 White House campaign, says it raked in $104 million during the April-June second quarter of 2024 fundraising.

And in figures shared first with Fox News on Friday, MAGA Inc. highlighted that it has nearly $114 million cash-on-hand in its coffers.

The announcement from MAGA Inc. comes a week and a half after Trump’s campaign showcased that it and the Republican National Committee hauled in a staggering $331 million in the past three months, topping the massive $264 million raked in by President Biden’s re-election campaign and the Democratic National Committee during the second quarter.

Trump’s haul was fueled in part by a fundraising surge following the former president’s history-making guilty verdicts this spring in his criminal trial.

The super PAC announced a month ago that it would spend $100 million this summer on a major ad blitz in the key battleground states in support of the former president.

And Securing American Greatness, a non-profit advocacy group run by MAGA Inc CEO Taylor Budowich, has also been running ads taking aim at Biden.

Budowich and MAGA Inc.’s finance team are expected to huddle for a series of individual meetings with top donors at next week’s Republican National Convention in Milwaukee, Wisconsin.

‘MAGA Inc. has been entrusted with a significant responsibility thanks to the historic support of our investors,’ Budowich said. ‘We will continue to execute diligently in support of President Trump and do the work necessary to ensure he is restored to the White House.’

The super PAC’s second quarter fundraising haul was fueled by a massive $60 million in contributions from Timothy Mellon, the billionaire donor and an heir to the Mellon banking fortune.

Conservative mega-donors Richard and Elizabeth Uihlein, founders of a major shipping supplies company, combined contributed $10 million to MAGA Inc.

GOP mega donor and Texas billionaire Kelcy Warren, real estate and aerospace mogul Robert Bigelow, and business executive Linda McMahon, who steered the Small Business Administration during Trump’s tenure in the White House, each contributed $5 million to the super PAC.

MAGA Inc. also highlighted that it’s hauled in $275 million since its launch in October 2022.

This post appeared first on FOX NEWS

You May Also Like

Economy

How can Forex crash? Forex market crash history Fact that the Forex is one of the most volatile and most profitable markets in the...

Editor's Pick

As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to...

Editor's Pick

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale...

Stock

Enthusiasm is needed to drive an uptrend, but sometimes enthusiasm can go too far. That is why technical analysts like to use various sentiment...

Disclaimer: happyretirementstories.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 happyretirementstories.com