GOP Strategist: Billions In Trump Donations Went Into “Financial Black Hole” Controlled By The Trump Family

The New York Times reports:

Anyone who has spent time reviewing Donald Trump’s campaign spending reports would quickly conclude they’re a governance nightmare. There is so little disclosure about what happened to the billions raised in 2020 and 2024 that donors (and maybe even the former president himself) can’t possibly know how it was spent.

Federal Election Commission campaign disclosure reports from 2020 show that much of the money donated to the Trump campaign went into a legal and financial black hole reportedly controlled by Trump family members and close associates.

During the 2020 election, almost $516 million of the over $780 million spent by the Trump campaign was directed to American Made Media Consultants, a Delaware-based private company created in 2018 that masked the identities of who ultimately received donor dollars/

Read the full article. The linked piece is authored by a top Republican strategist.

“Donors should demand more information about how their money is spent. But that would most likely offend the Trump family and confidants running the campaign. And the whole point of donating to Mr. Trump is to get on his good side.” https://t.co/4BdJvSFFzl

— Bill Kristol (@BillKristol) August 26, 2024

This opinion piece from Juleanna Glover in the NYT is mind-blowing. Literally hundreds of millions of dollars from GOP donors in 2020 and 2024 have likely been siphoned off into deliberately opaque entities controlled by the Trump family.https://t.co/XerAfgLgqa

— Jeff Nesbit (@jeffnesbit) August 26, 2024