In the days following former President Donald Trump’s announcement that he would be launching a White House bid for 2024, the main fundraising committee behind his campaign saw a major haul in donations — but not quite as high as in the past.
Trump’s Save America Joint Fundraising Committee has raised more than $4.1 million in the two weeks since his reelection announcement as of Nov. 28, with more than 108,000 individual donations, according to campaign finance data from WinRed, a Republican donation processor. That includes two major dumps that occurred on the day he announced his campaign and the day after, raking in $850,000 and $750,000 on those days, respectively.
Although those numbers are significant and show Trump’s fundraising power compared to others in the GOP, the numbers come in below what the former president has been able to raise in the past.
For example, the Save America Joint Fundraising Committee raked in large donations in the days following the FBI raid of his Mar-a-Lago home in August, raising more than $1 million each day in the two days after the search, according to campaign finance data.
The lag in fundraising could be due to the fact that Trump’s campaign announcement came at an odd time for the GOP because the party was still awaiting a number of midterm results — including the Senate runoff in Georgia that could’ve been siphoning some fundraising money from the former president.
However, it also follows recent scrutiny levied against the former president after he hosted white nationalist Nick Fuentes and rapper Kanye West, who has made a number of antisemitic comments over the last few weeks, at his Mar-a-Lago home in November. Trump’s standing has also been damaged after Republicans’ lackluster performance in the midterm elections, with several members of the party blaming the former president for their losses.
Trump is the only major candidate to launch his presidential bid for the Republican Party, with several other possible contenders teasing their announcements are not far off. That list of challengers is expected to include Republican powerhouses such as Florida Gov. Ron DeSantis, former Vice President Mike Pence, and former U.S. Ambassador to the United Nations Nikki Haley.