Trump is funneling campaign money into cash-strapped businesses. Experts say it looks bad.
Source: USA Today
Published 5:22 a.m. ET April 18, 2024 | Updated 8:14 a.m. ET April 18, 2024
Donald Trumps main 2024 White House campaign fundraising operation sharply increased spending at the former president's properties in recent months, funneling money into his businesses at a time when he is facing serious legal jeopardy and desperately needs cash.
Trumps joint fundraising committee wrote three checks in February and one in March to his Mar-a-Lago club in Palm Beach, Florida, totaling $411,287 and another in March to Trump National Doral Miami for $62,337, according to a report filed to the Federal Election Commission this week.
Federal law and FEC regulations allow donor funds to be spent at a candidates business so long as the campaign pays fair market value, experts say. Trump has been doing it for years, shifting millions in campaign cash into his sprawling business empire to pay for expenses such as using his personal aircraft for political events, rent at Trump Tower and events at his properties, which has included hotels and private clubs.
While the practice is legal, some campaign finance experts believe it raises ethical concerns when a candidate is generating personal revenue off running for office.
Read more: https://www.usatoday.com/story/news/politics/elections/2024/04/18/trump-campaign-funnels-money-to-his-businesses/73344744007/
Think. Again.
(8,328 posts)Have these campaign finance experts been under a rock for the last 9 years???
PatSeg
(47,560 posts)from the beginning, not to mention the taxpayer dollars he also funneled into his businesses while being president. It is his nature and he can't help it. Everything is a financial opportunity for him.
Think. Again.
(8,328 posts)are pretending this one incident "looks bad".
PatSeg
(47,560 posts)So few in the media can remember anything past a week ago. Almost anything Trump did "looks bad" if you're paying attention.
progressoid
(49,992 posts)Good God, ethical questions might be the understatement of the decade concerning Trump.
Think. Again.
(8,328 posts)PortTack
(32,787 posts)brooklynite
(94,679 posts)Campaigns spend money on fundraising events. Nothing in the law says it can't be an a location owned by the candidate.
bif
(22,733 posts)So let the grifting continue!
Think. Again.
(8,328 posts)RockRaven
(14,984 posts)CanonRay
(14,111 posts)He breaks the law hourly, why worry about ethics.
LetMyPeopleVote
(145,480 posts)prodigitalson
(2,427 posts)SergeStorms
(19,204 posts)Good one. 👍
JoseBalow
(2,418 posts)33taw
(2,446 posts)Walleye
(31,035 posts)FakeNoose
(32,706 posts)It's already a huge mess. It snowballs every time he writes checks to his businesses from the campaign accounts. Who is keeping track of this? Probably no one, and it won't end when the campaign is over.
His businesses are failing, just as badly as his campaign will by next November.
When non-billionaires do this kind of stuff, the IRS is on them immediately.
Zeitghost
(3,866 posts)It's completely legal and doesn't really have anything to do with taxes.
This kind of shady campaign spending has always gone on. Candidates hire their spouse or kids as consultants, or lease their own property to the campaign for office space. Trump has, as he always does, taken the grift to a new level. But it's still completely legal.
keithbvadu2
(36,869 posts)SergeStorms
(19,204 posts)TRUMP'S THE CONSUMMATE CONMAN!
He's been doing this since 2015, and it was 100X worse when he was in office.
Now they're going bat-shit crazy over $500,000?
SpankMe
(2,963 posts)If a Democratic candidate so much as buys a pack of gum from their brother's 7-11with campaign funds, Repubs would be holding congressional inquiries and demanding FEC and DOJ action.
But they're willing to apply very generous and flexible interpretations to Trump's expenditures and characterize them as perfectly legal.
The corrupt culture in Republican circles is off the scale.
calimary
(81,417 posts)or anything remotely like this.
Scalded Nun
(1,236 posts)"While the practice is legal, some campaign finance experts believe it raises ethical concerns when a candidate is generating personal revenue off running for office."
Ethical concerns? Since when has that asshole ever considered or worried about ethical concerns?
It would be news if he wasn't doing it!
JoseBalow
(2,418 posts)Marcuse
(7,504 posts)BumRushDaShow
(129,304 posts)is my response to the issue.
Congress needs to change/update the LAW. Otherwise, here we are.
NoMoreRepugs
(9,451 posts)Harker
(14,030 posts)magicarpet
(14,160 posts)Political gatherings or meetings are steered to trDUMP properties so the family can exclusively realize and enjoy any profits for public event expenditures. Fatten the wallets of the trDUMP branded properties each and every chance you get.
Harker
(14,030 posts)She's there to steer money into the family MAGA hat, no doubt.
dchill
(38,516 posts)live love laugh
(13,124 posts)Redleg
(5,821 posts)I am not a lawyer but I am able to engage in critical and ethical thinking. It seems to me that using funds raised for a campaign should not be used for one's own private business. Second, I am not at all surprised that Trump is doing this and will continue to do this.
BumRushDaShow
(129,304 posts)The post upthread with the political cartoon answers your question - https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3227344
Congress needs to make it "illegal" through legislation.
(and people wonder why some laws are thousands of pages long)
Zeitghost
(3,866 posts)And it's very difficult to draw a lines in the sand.
If I'm a sandwich shop owner looking to run for city council, why would I not cater my own event? Or lease my spare bedroom and extra vehicle to the campaign to use at a fair price? Or hire my spouse who quit their day job to manage the handful of volunteers I have? After all, I need an office and commercial spaces are expensive. I need a vehicle, but leasing a new one for 3-6 months is financially impractical. And why should I purchase a meat and cheese tray from a competitor?
As the offices being sought and the campaign money involved goes up, it starts to look and feel more shady, even when it's the exact same sort of behavior, just at a grander scale. So now instead of paying my spouse $25/Hr to supervise a few volunteers, I'm paying them $250K to "consult" on my State Senate campaign. And instead of spending a few hundred bucks on deli trays, I'm spending thousands on gourmet food for $500/plate fundraiser dinners.
And of course Trump has taken it to the next level. But at the end of the day, leasing a Boeing 757 isn't much different legally than leasing a 10 year old Subaru Forester.
republianmushroom
(13,653 posts)Wednesdays
(17,398 posts)Every dollar thrown at TSF's failing businesses is a dollar not spent on his campaign. And every one of those dollars are dollars not spent on other Repugs' campaigns.