Key takeaways:
- Former President Donald Trump’s main campaign committee raised approximately $14.4 million in the first quarter of 2023.
- The filings suggest that the former President’s fundraising pace in the first three months of 2023 was similar to the post-midterm weeks after his 2022 campaign launch.
- Overall, the new filings suggest that former President Donald Trump’s criminal indictment helped jolt his fundraising.
According to the Federal Election Commission, new first-quarter campaign filings covering the first three months of 2023 have been released. Former President Donald Trump’s main campaign committee raised approximately $14.4 million in the first quarter of this year, with donations spiking at the end of March as news broke of his indictment by a Manhattan grand jury. His joint fundraising committee raised an additional $4.4 million, for a total of $18.8 million.
The filings suggest that the former President’s fundraising pace in the first three months of 2023 was similar to the post-midterm weeks after his 2022 campaign launch. The line-item details provide new clues about the state of the presidential race and the battle for Congress, including a GOP 2024 field rolling in early money.
Not all of the Democratic Party’s most vulnerable Senate incumbents have stepped up their fundraising ahead of the 2024 election fights, however. The new reports detail campaigns’ fundraising and spending from January through March, and provide insight into the state of the race.
Overall, the new filings suggest that former President Donald Trump’s criminal indictment helped jolt his fundraising. With the first quarter of 2023 now behind us, the race for the White House and Congress is beginning to take shape. It remains to be seen how the fundraising and spending of the various candidates and committees will evolve over the coming months.
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