Trump’s businesses rake in millions of dollars from Republican political campaigns – including his own
Late last year, former President Donald Trump announced his endorsement of car dealership owner Bernie Moreno for Ohio’s Senate seat – elevating an untested candidate who’d never held public office over several other more prominent Republicans.
Two days later, Moreno’s campaign spent about $17,000 at Trump’s Mar-a-Lago resort, and then followed up by spending an additional $79,000 the next month – making him one of the Florida club’s top political spenders.
He wasn’t alone. With glitzy Mar-a-Lago fundraisers, stays at Trump’s hotels, and flights on the former president’s private jet, Republican candidates and political groups are on track to spend more on Trump’s businesses this year than any year since 2016, according to a CNN analysis of federal campaign finance data.
Trump himself has been the biggest spender, both this year and over the last decade. Between his three presidential campaigns, Trump and associated political groups have funneled more than $28 million in campaign donations to his businesses – helping convert the enthusiasm of his political supporters into personal profit.
Other Republicans have followed suit, spending millions at Trump’s properties in an apparent attempt to curry favor with the former president and signal their allegiance to him to GOP voters.
Some of the candidates who’ve spent the most money on Trump businesses in recent years have been new politicians who won the former president’s endorsement despite a lack of past electoral experience or success, including Moreno, former Georgia Senate candidate Herschel Walker and Arizona Senate hopeful Kari Lake. [Continue reading…]