Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(118,726 posts)
Wed Jan 22, 2025, 03:14 PM Jan 22

Why is Trump stockpiling so much cash?

Business leaders and wealthy donors are surrendering to President Donald Trump’s demands for more money, and his team said it expects to amass an eye-popping $500 million by summer.

According to Axios, Trump is hoarding cash partly because he doesn’t want his second administration to be seen as a lame duck, even though he’s constitutionally prohibited from running again. Of course, the fundraising efforts will benefit Trump first and foremost. With half a billion dollars in his coffers, Trump could surely continue wielding control over the GOP, using the money to punish his dissenters.

“The money is just pouring in at Mar-a-Lago. Trump doesn’t have to lift a finger. Everyone’s coming to him,” one anonymous Trump adviser told Axios. The adviser added that Trump’s team is “on track” to raise $500 million by June. “It’s sort of a target but it’s just a realistic projection of what’s happening.”

The money is feeding into several accounts, including Trump’s inauguration fund, the MAGA Inc. super PAC, the Securing American Greatness nonprofit, the Republican National Committee, and the fund for Trump’s future presidential library.

https://www.dailykos.com/stories/2025/1/21/2297105/-Why-is-Trump-stockpiling-so-much-cash

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why is Trump stockpiling so much cash? (Original Post) Yo_Mama_Been_Loggin Jan 22 OP
Because he wants to be richer than Eloon? Ocelot II Jan 22 #1
Putin told him to pay up on his TV program in Russia. Bluethroughu Jan 22 #2
His deepest wish is to be the richest man in the world. Irish_Dem Jan 22 #3
They never get enough nt doc03 Jan 22 #4
1. Because he's still got mountains of personal debts Blue_Tires Jan 22 #5
To buy people and influence. pacalo Jan 23 #6
 

Blue_Tires

(57,596 posts)
5. 1. Because he's still got mountains of personal debts
Wed Jan 22, 2025, 09:28 PM
Jan 22

2. Because he's a greedy money grubbing MOTHERFUCKER

Any more questions?

Latest Discussions»Editorials & Other Articles»Why is Trump stockpiling ...