Trump’s Political Groups Have Over $100 Million in the Bank: Filings

By Jack Phillips
Jack Phillips
Jack Phillips
Senior Reporter
Jack Phillips is a reporter at The Epoch Times based in New York.
August 2, 2021 Updated: August 2, 2021

Former President Donald Trump’s political groups brought in $82 million during the first half of 2021, having amassed more than $100 million in the bank, according to federal filings and Trump in a July 31 statement.

The significant sum came from about 3.2 million contributions between Jan. 1 and June 30, the committee announced. Now Trump’s political groups have about $102 million cash on hand, the former president said.

“On behalf of the millions of men and women who share my outrage and want me to continue to fight for the truth, I am grateful for your support,” Trump said in the statement. “And I can’t imagine a more important time to elect good Republicans to the House and Senate. Commonsense conservatives were never more badly needed. We must have people who will stand for our America First Agenda of lower taxes, fewer regulations, support the Second Amendment, strong Borders, honoring our vets, and are very tough on crime.”

The funds will allow the former commander-in-chief to dole out millions of dollars to Republican candidates that he supports during the 2022 midterm elections, which could see the GOP take back the House and Senate. Democrats currently hold razor-thin majorities over Republicans, and the party of the winning presidential candidate generally suffers midterm losses.

In future contests, Trump is sure to support certain Republican candidates over those who he has denigrated as “RINOs,” or “Republican in name only.” Trump has often invoked the term to describe Republicans who don’t support his agenda, including some who’ve backed the White House-backed $1 trillion infrastructure package that is being worked on by a bipartisan group of senators, and those who joined Democrats to impeach or convict him earlier this year.

Trump in March urged conservative donors to contribute to his political action committees instead of giving to the Republican National Committee, saying they would potentially provide funds to RINOs.

“No more money for RINOS. They do nothing but hurt the Republican Party and our great voting base​—​they will never lead us to Greatness,” ​he said in the statement at the time. “Send your donation to Save America PAC at DonaldJTrump.com​.”

The Trump-affiliated groups’ fundraising haul for 2021 is nearly as much as that of the Republican National Committee, which brought in $84 million during the first six months of the year, according to federal filings.

The next report that details the committees’ financial figures will cover the period between July 1 and Dec. 31.

Trump, who remains enormously popular among Republicans, has teased a presidential bid in 2024 during several media interviews and public appearances.

Jack Phillips
Jack Phillips
Senior Reporter
Jack Phillips is a reporter at The Epoch Times based in New York.