Trump Raises $50.5 Million in High-Profile Fundraiser, Outpacing Biden

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ICARO Media Group
Politics
07/04/2024 23h41

Title: Trump Raises $50.5 Million in High-Profile Fundraiser, Outpacing Biden

In a high-profile fundraising event held in Palm Beach on Saturday evening, former President Donald Trump's campaign reported raising an impressive $50.5 million. The fundraiser, attended by Trump and his wife Melania, attracted a total of 117 guests, including several prominent leaders and billionaires.

The financial success of the event is nearly double the amount raised by President Joe Biden in a recent New York City fundraiser, where he secured $26 million. Following a photo session with the attendees, Trump spoke for approximately 45 minutes in the backyard. He addressed a range of topics, including energy production, border control, inflation, tax cuts, and his criticism of President Biden's push for electric vehicles.

During his speech, Trump also focused on protecting Israel amid the ongoing conflict in Gaza and highlighted the Republican Party's growing support among minority voters. Taking an adversarial tone, he directly challenged President Biden to a debate.

The guest list included influential figures such as Las Vegas businessman Robert Bigelow, New York grocery billionaire John Catsimatidis, former World Wrestling Entertainment executive Linda McMahon, casino mogul Steve Wynn, and former Georgia senator Kelly Loeffler. Those who donated $814,600 had the privilege of sitting at Trump's table, while a donation of $250,000 provided a photo opportunity with the former president and a personalized copy of his coffee table book featuring photos from his time in office.

Other notable attendees included Woody Johnson, Trump's former ambassador to the UK and co-owner of the New York Jets, oil and gas tycoon Harold Hamm, and businessman Pepe Fanjul Jr. Three of Trump's former Republican primary rivals, North Dakota Governor Doug Burgum, Senator Tim Scott, and Vivek Ramaswamy, were also present, along with new RNC leaders Michael Whatley and Lara Trump.

All five individuals made remarks at the event, according to a campaign spokesperson. The dinner menu featured an endive and frisee salad, filet au poivre, and pavlova with fresh berries for dessert.

Both Michael Whatley and Lara Trump released a statement expressing their satisfaction with the event's success while criticizing the Biden administration's policies. They claimed that the overwhelming support demonstrated at the fundraiser underscored Americans' dissatisfaction with Biden's record of failure.

Prior to the event, Trump expressed confidence in surpassing Biden's fundraising record. However, despite the financial success, he continued to air grievances on Truth Social, comparing himself to Nelson Mandela and expressing willingness to go to jail for violating a gag order in his hush money case.

The Palm Beach fundraiser brings Trump's campaign closer to catching up with the fundraising lead of the Biden campaign. However, it remains uncertain whether the Republican camp can sustain this momentum and reshape the narrative surrounding their alleged financial constraints due to ongoing legal proceedings. In March, Biden raised $26 million in a New York fundraiser, with the support of Democratic presidents Barack Obama and Bill Clinton.

While the exact figures from the event are yet to be disclosed, the Trump campaign, together with the Republican Party, revealed earlier this week that they raised $65.6 million in March, with $93.1 million cash on hand. Donations from the Palm Beach fundraiser will contribute to the Trump 47 Committee, a joint fundraising effort involving the Republican National Committee, state Republican parties, and the Save America political action committee. Save America PAC has been responsible for covering a significant portion of Trump's legal expenses.

As the political fundraising race intensifies, both Trump and Biden are harnessing their support networks and aiming to secure significant financial resources for their campaigns.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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