Former President Donald Trump’s key allies are creating a new super PAC that should serve as the main vehicle for his medium-term spending and could become a key part of his campaign infrastructure should he go ahead with a race for the White House. in 2024.
The political action committee, called MAGA Inc., will replace Trump’s existing super PAC, Politico reported for the first time. Paperwork for the new committee was filed Friday morning with the Federal Election Commission.
The increase comes as Trump, a Republican, is under increasing legal pressure on several fronts. The Justice Department has launched a criminal investigation into how hundreds of documents with classified markings ended up at its Mar-a-Lago club in Palm Beach, Florida, and state and federal officials are investigating its efforts to reverse its 2020 election defeat to the democrat. Joe Biden. And in New York, Attorney General Letitia James filed a lawsuit this week alleging that Trump’s eponymous firm engaged in decades of fraudulent accounting, increasing its net worth by billions of dollars and habitually deceiving banks.
News of the new super PAC also comes less than two months before the November 8 midterm elections and many Republican candidates have struggled to raise money against well-funded Democrats.
“President Trump is committed to saving America, and Make America Great Again, Inc. will ensure that this is achieved at the polls in November and beyond,” said Trump spokesperson Taylor Budowich, who will serve as the group’s executive director.
Other committee members include Republican strategist Chris LaCivita, longtime Trump researcher Tony Fabrizio and communications advisers Steven Cheung and Alex Pfeiffer.
So far, Trump’s Save America leadership’s PAC, which must abide by much stricter limits on fundraising and spending and is under its own scrutiny, has served as its primary political vehicle. Super PACs can raise unlimited money and spend it freely, but are prevented from directly coordinating with campaigns.
Trump officials declined to say how much the notoriously thrifty former president intends to spend on his midterm efforts or how much he might try to transfer from his Save America PAC, which ended August with more than $90 million. The Associated Press previously reported that advisers were discussing whether to transfer at least some of that money to a new or repurposed super PAC, though campaign finance experts are confused about the legality of such a move.
While Trump has been a prolific fundraiser since leaving office, aspiring small dollar donations, his existing super PAC – Make America Great Again, Again! — has not been a great mid-term actor.
Trump is under increasing pressure to open his war chest and start spending on midterm races as Republicans are outraged by Democrats approaching the final stretch of the campaign.
Senate Minority Leader Mitch McConnell, in particular, has urged candidates with Trump’s backing to ask him to open his wallet. Meanwhile, candidates, including some who presented themselves as McConnell’s antagonists during the primaries, had to grovel to him and the Senate Leadership Fund, the super PAC he controls, which had $100 million in reserve at the end. of June.
Trump played a highly visible role during the GOP primaries, endorsing hundreds of candidates at the polls, from the Senate to the governor to the county commissioner. But some of those candidates are now fighting in their general election races, putting control of the evenly divided Senate up in the air.
Trump is widely expected to launch another presidential race, but the timing of an announcement remains unclear. While he has already wanted to announce ahead of the midterm elections, in part to try to avoid a long list of potential rivals surrounding him, some aides urged him to wait, warning that announcing early could leave him guilty if Republicans had a bad performance in November.
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