Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMeet the people spending $800,000 or more to make Trump the next president
https://popular.info/p/meet-the-people-spending-800000-orDonald Trump tried to overturn the 2020 presidential election, was recently found liable for sexual assault, and has been charged with 88 felonies. Trump is currently spending four days a week at the Manhattan Criminal Courthouse. And yet, there are still a lot of rich people who choose to spend massive sums of money to help Trump become the next president.
Trump's biggest supporters are directing their largess to a newly-formed joint fundraising committee called Trump 47. The new committee can accept donations in excess of $800,000. The first $6,600 goes to Trump's campaign, the next $5,000 goes to Trump's Save America PAC (which has been paying Trump's legal bills), the next $413,000 goes to the Republican National Committee, and the remaining amount is distributed to the local Republican Party in 39 states. The state Republican Parties often send the money right back to the national party, sometimes on the same day. Almost all of the money will be used to benefit Trump. (Biden uses a similar joint fundraising vehicle, the Biden Victory Fund, to facilitate large donations.)
On Monday, the Trump 47 committee filed its first report with the FEC. The filing revealed 20 people have donated $800,000 or more. Popular Information profiled nine of the most notable donors.
Jose "Pepe" Fanjul: $814,600
Jose Fanjul and his family own a sugar harvesting and refining empire, including a majority stake in Domino Sugar. Since the 1980s, the sugar industry has enjoyed billions of dollars in annual subsidies from the federal government, which guarantees high prices for domestic sugar. This makes sugar farming much more profitable than other kinds of farming and forces American consumers to spend twice as much for sugar compared to other countries. Fanjul is a prolific donor to Republican causes to preserve these subsidies. His brother, known as Alfy, focuses on influencing Democrats.
*snip*
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
2 replies, 440 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (9)
ReplyReply to this post
2 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Meet the people spending $800,000 or more to make Trump the next president (Original Post)
Nevilledog
Apr 17
OP
SheilaAnn
(9,752 posts)1. Jose is also a Mar-a-Lago member, don't know about Alfy. n/t
Fla Dem
(24,070 posts)2. Good. Let them throw away their money to the grifter.