The Trump campaign paid $ 2.3 million to his private company

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  • President Donald Trump’s campaign has so far provided $ 2.3 million in donor funds to his private companies, according to Federal Election Commission documents.
  • Forbes, who first reported on the filings, pointed to a case in which one of Trump’s companies received nearly $ 38,000 in campaign funds to rent.
  • In another, the campaign paid Trump Corp. $ 8,000. last month for “legal and IT consultations,” according to the documents.
  • This is not the first time that the president’s campaign has been entangled in his personal finances.
  • In July, the Washington Post’s David Fahrenthold reported that the Trump campaign had sent nearly $ 400,000 to the Trump Organization in just two days.
  • Visit the Business Insider homepage for more stories.

President Donald Trump’s private company has so far received $ 2.3 million in campaign funds, according to Recent Federal Election Commission deposits.

Forbes, who first reported on files, said in one case, Trump Tower Commercial LLC, which owns the Trump Organization building on Fifth Avenue, received nearly $ 38,000 in campaign donor money to cover rent last month. In another case, the Trump campaign disbursed $ 8,000 to Trump Corp. last month for “legal and IT consultations,” according to FEC documents.

The Trump campaign has also coordinated with the Republican National Committee to pay Trump Tower Commercial LLC an additional $ 225,000, Forbes said.

This is not the first time that the president’s campaign has been entangled in his personal finances. In July, the Washington Post’s David Fahrenthold reported that the Trump campaign had sent nearly $ 400,000 to the Trump Organization in just two days.

Documents showed the campaign funneled $ 380,000 into the president’s personal affairs in 43 transactions, Fahrenthold said, adding that the Trump organization told him the money was intended for a “donor retreat” from a week in Mar-a-Lago in March.

Open Secrets, a branch of the Center for Responsive Politics that closely tracks money in politics, first spotted the payments in Federal Election Commission files of the Trump Victory Committee, a joint fundraising committee between Trump and the Republican National Committee.

In February, The Post reported that the Trump Organization had charged the Secret Service exorbitant tariffs to protect the president when he visited his properties. Receipts and documents showed that U.S. taxpayers paid more than $ 471,000 for Trump properties from January 2017 to April 2018, according to the report.

Trump also frequently hosts foreign leaders at Mar-a-Lago, where they pay market rate. After Trump became president, several countries with embassies in Washington, DC, began hosting parties and events at Trump’s properties in what ethics experts have described as an attempt to curry favor with the president.

RNC spent over $ 2 million at Trump Organization hotels and resorts. And Trump’s campaign, which is funded in part by donations from supporters of the president and big donors, spent over $ 14 million in its properties.

In September, Trump faced backlash when Politico reported that members of the US Air Force had stayed at Trump’s five-star resort in Turnberry, Scotland as part of an unusual stopover during a routine trip from the United States to Kuwait to deliver supplies.


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