Donald Trump raises record-breaking $1.5 billion after 2024 election
- Donald Trump has raised over $1.5 billion since the 2024 presidential election.
- His fundraising efforts are unprecedented for post-election fundraising and significantly exceed those of past presidents.
- This substantial funding boosts Trump's influence in Republican politics despite being barred from a third term.
In the United States, President Donald Trump announced that he had raised more than $1.5 billion following the 2024 presidential election. This unprecedented fundraising achievement was highlighted in a post made on Truth Social, reflecting the ongoing support for Trump despite him being barred from a third presidential term under the 22nd Amendment. Trump's fundraising campaign has significantly outperformed those of previous presidents, primarily through aggressive solicitation of donations from both small and large contributors, utilizing various forms of political entities. Trump's main super PAC, MAGA Inc., has reportedly accumulated about $198.9 million since his re-election, which is over six times the previous record for a presidential super PAC at this point in a term. The fundraising figures illustrate a shift in the typical post-election fundraising behavior, as many presidents tend to reduce their fundraising efforts after securing re-election. Instead, Trump's political network has treated his second term much like a first term, continuing to maintain high levels of financial contributions ahead of the critical 2026 midterm elections. Notably, Trump's network of political groups has been characterized by a high volume of email solicitations, sending out over 700 emails since January 2025, averaging nearly five daily. These solicitations often link donations to various perks, including Trump-branded merchandise and symbolic titles, engaging both small-dollar donors and higher-profile contributors. This dual strategy has proven successful, with MAGA Inc. ending June 2025 with more than $350 million in cash reserves. As the Republican Party prepares for the midterm elections in 2026, the substantial funds raised by Trump are aimed at maintaining Republican control in Congress. The contrast between Trump's fundraising successes and the Democratic National Committee's struggles to keep pace indicates a significant shift in the political landscape, where Trump remains a vital force for the Republican Party, consolidating his influence despite his constitutional limitations against a third presidential run.