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Nevilledog

(51,536 posts)
Wed Apr 17, 2024, 12:30 PM Apr 17

Meet the people spending $800,000 or more to make Trump the next president

https://popular.info/p/meet-the-people-spending-800000-or

Donald 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.

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Meet the people spending $800,000 or more to make Trump the next president (Original Post) Nevilledog Apr 17 OP
Jose is also a Mar-a-Lago member, don't know about Alfy. n/t SheilaAnn Apr 17 #1
Good. Let them throw away their money to the grifter. Fla Dem Apr 17 #2
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