Trump's flat fundraising: Takeaways from the 2024 money chase
Former President Donald Trump hit the same fundraising pace in the first three months of 2023 as in the post-midterm weeks after his 2022 launch.
Former President Donald Trump hit the same fundraising pace in the first three months of 2023 as in the relatively sleepy post-midterm weeks after his 2022 campaign launch.
That’s the main takeaway from new reports detailing campaigns’ fundraising and spending from January through March, which were due to the Federal Election Commission on Saturday. The line-item fundraising and spending details provide new clues about the state of the presidential race and the battle for Congress, including a GOP 2024 field rolling in early money.
Trump’s campaign reported raising more than $14.4 million from January through March. His joint fundraising committee, which does not file a fundraising report until July, raked in approximately $4.4 million more for $18.8 million in total, according to a person familiar with the figures, which were first reported by Politico.
Taken together, that amounts to an average haul of nearly $1.6 million per week for Trump’s political apparatus. In the first six and a half weeks of his campaign, Trump raised nearly $1.5 million per week — totals that saw his campaign looking for a boost, NBC News reported in January.
Trump’s campaign touted that boost after he was indicted last month on charges related to allegedly paying hush money to two women who claimed they had affairs with Trump. That indictment came on March 30, one day before the first fundraising period ended, and his campaign says the fundraising boom stretched into April. Depending on how long it lasts, it might have completely altered the trajectory of Trump's campaign fundraising power.
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