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Trump rakes in $10 million at first re-election fundraiser

K

KSweeley

Member
Link: https://apnews.com/de6050f6126d4f54a7eef979998128f7/Trump-rakes-in-$10-million-at-first-re-election-fundraiser

WASHINGTON (AP) — President Donald Trump was whisked a few blocks from the White House to the Trump hotel on Wednesday night for his first re-election fundraiser, where he raised an estimated $10 million behind closed doors.

Some 40 months ahead of the 2020 election, the president held court for about two hours at a $35,000-per-plate donor event at the Trump International Hotel. About 300 people were expected to attend the event, which was expected to raise about $10 million, said Lindsay Jancek, a spokeswoman for the Republican National Committee.

Security was tight at the hotel, where guests in long gowns and crisp suits began arriving around 5 p.m. But the event also drew critics. The president's motorcade was greeted by dozens of protesters, who hoisted signs with slogans like ”Health care not tax cuts" and chanted ”Shame! Shame!"

Trump's decision to hold a fundraiser at his own hotel again raised issues about his continued financial interest in the companies he owns. Unlike previous presidents who have entirely divested from their business holdings before taking office, Trump moved his global business empire assets into a trust that he can take control of at any time. That means that when his properties — including his Washington hotel — do well, he stands to make money.

Trump technically leases the hotel from the General Services Administration, and profits are supposed to go to an account of the corporate entity that holds the lease, Trump Old Post Office LLC. It remains unclear what might happen to any profits from the hotel after Trump leaves office, or whether they will be transferred to Trump at that time.

Under campaign finance rules, neither the hotel nor the Trump Organization that operates it can donate the space. It must be rented at fair-market value and paid for by either the Trump campaign, the RNC or both.
Click to expand...
 
T

thekonamicode

Member
When the time comes, I don't believe it would be proper for a campaigning presidential front runner to select a nominee to replace any retiring supreme court justices. Just need to wait until after the next election.
 
DietRob

DietRob

i've been begging for over 5 years.
We have to win back the house in 2018 so we can finally impeach this grifter. There are so many different options to choose from for his impeachment
 
M

Malygos

Member
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
 
T

TangoAlphaLima

Member
Between (eventually) repealing the Obamacare taxes on the rich and his (eventual) tax reform that will save them billions, what's a few million to throw ol' T's way?
 
P

Ponn

Banned
The only thing I can get a little bit of comfort in is how he is swindling all these people out of money and coming up with ways to bank it. I'm going to die laughing my ass off if he announces he's not running for a second term.
 
C

chadskin

Member
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

Reading the source is hard
The first cut of the money raised goes to Trump's 2020 re-election campaign. The rest gets spread among the RNC and other various Republican entities. Having multiple beneficiaries is what allowed Trump to ask for well above the usual $5,400 per-donor maximum for each election cycle.
Click to expand...
 
F

Feep

Banned
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...
I sure hope you're trolling, junior.

The first cut of the money raised goes to Trump's 2020 re-election campaign. The rest gets spread among the RNC and other various Republican entities. Having multiple beneficiaries is what allowed Trump to ask for well above the usual $5,400 per-donor maximum for each election cycle.

Those contribution limits are likely to change because this fundraiser is so early that new donation limits for 2020 have not been set by the Federal Election Commission.
Click to expand...
Edit: Beaten hard
 
K

KernelPanic

Member
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

You're about as nuts as the character in your username
 
K

kevin1025

Banned
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

Your username backwards is Sogylam. You're fooling no one!
 
M

Mighty Chin

Banned
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

So it's an RNC Fundraiser at a Trump Hotel that he leases from the US Government and the profits go to benefit him.

That's ok though?
 
G

GabeTheGrouch76

Member
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

The Republican party campaign just shot themselves in the foot.

I don't know how much the rest of you know about American culture (I'm an expert), but tax breaks and loyalty are huge parts of it. It's not like Democrats, where you can become successful by being corporate shills (#followteh$$$). If you screw your comrades over in the White House, you bring shame to yourself, and the only way to get rid of that shame is ass-kissing repentance.

What this means is Trump, after reading this fake news, is not going to sign to the GOP's Congress bills again, nor will he invite them to his future Mar-a-Lago golden shower parties. This is HUGE. You can laugh all you want, but the Republican party campaign has alienated the Trump empire with this move.

GOP, publicly apologize and fund the Trump campaign or you can kiss your Russian stock options and 2018 midterms goodbye.
 
T

TestOfTide

Banned
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

Man you juniors sure have been active today, lets see how unsubtle you are with your posts:

http://www.neogaf.com/forum/showthread.php?p=208866586&highlight=#post208866586

http://www.neogaf.com/forum/showthread.php?p=208219215&highlight=#post208219215

http://www.neogaf.com/forum/showthread.php?p=206656392&highlight=#post206656392

http://www.neogaf.com/forum/showthread.php?p=198935704&highlight=#post198935704

(BTW thanks for admitting you attend Trump rallies)

http://www.neogaf.com/forum/showthread.php?p=198935394&highlight=#post198935394

http://www.neogaf.com/forum/showthread.php?p=198289973&highlight=#post198289973

http://www.neogaf.com/forum/showthread.php?p=198287741&highlight=#post198287741

http://www.neogaf.com/forum/showthread.php?p=195186656&highlight=#post195186656
 
W

Wet Bloodfart

Banned
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

FAKE NEWS FAKE NEWS FAKE...

dude, stop parroting that garbage line.
 
J

Jeels

Member
How stupid do you have to be to be throwing money at Trump like that. Just goes to show money can't buy decency, tact, or intelligence.
 
J

JCG

Member
If he's already on campaign this early...are people allowed to raise a similar level of funds and use them against him at this time?
 
E

Ether_Snake

安安安安安安安安安安安安安安安
2020 will probably be worst than 2016. I expect a third party to fuck the Democrats and get Trump reelected.

Also, fundraisers like that are scams. No one is really giving money. It all gets paid back or tax deducted.
 
L

Legato.Reborn-

Member
TestOfTide said:
Man you juniors sure have been active today, lets see how unsubtle you are with your posts:

http://www.neogaf.com/forum/showthread.php?p=208866586&highlight=#post208866586

http://www.neogaf.com/forum/showthread.php?p=208219215&highlight=#post208219215

http://www.neogaf.com/forum/showthread.php?p=206656392&highlight=#post206656392

http://www.neogaf.com/forum/showthread.php?p=198935704&highlight=#post198935704

(BTW thanks for admitting you attend Trump rallies)

http://www.neogaf.com/forum/showthread.php?p=198935394&highlight=#post198935394

http://www.neogaf.com/forum/showthread.php?p=198289973&highlight=#post198289973

http://www.neogaf.com/forum/showthread.php?p=198287741&highlight=#post198287741

http://www.neogaf.com/forum/showthread.php?p=195186656&highlight=#post195186656
Click to expand...

You should be a PI in real life, I think it may be your calling.
 
Daria Morgendorffer

Daria Morgendorffer

Member
1c39fbd77f.JPG

Edit: fuck I misread the prize of the toilet, in my defence I just woke up
 
A

Amalthea

Banned
He's neither going to include it into his, the GOPs campaign or his legal defense. He's propably gonna put it into a solid gold version of that fake Times cover or a diamond encrusted golfing set.
 
pixelation

pixelation

Member
Malygos said:
It was already confirmed a long time ago that this fundraiser was for the Republican party campaign in 2018. None of this is for trumps re-election that will happen in 2020. Fake news once again.
Click to expand...

Uggh... they're among us, and just as dumb as i thought (maybe read before you post?).
 
T

ThreePiMatt

Member
Ether_Snake said:
2020 will probably be worst than 2016. I expect a third party to fuck the Democrats and get Trump reelected.

Also, fundraisers like that are scams. No one is really giving money. It all gets paid back or tax deducted.
Click to expand...

I mean, that's partly what happened in 2016. Jill Stein largely fucked the democrats in a number of states and I find it very hard to believe that was unintentional. An investigation would almost certainly bring up some Russian ties.
 
A

Akuun

Looking for meaning in GAF
I guess there are just that many rich shitheads who will donate to him.

It's kinda interesting how this guy just can't stop himself. He's obviously miserable as president. He's constantly stressed, angry, and exhausted. But he's full steam ahead when it comes to running for a second term, because stepping down or stopping at one term is just completely anathema to him. Probably because Obama made it two terms.

Well, either that or he's just fleecing all these donators and running away before the next election. He could very well be doing that.
 
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