(LibertySociety.com) – A little over a week after President Biden’s campaign raked in $26 million at a Radio City Music Hall fundraising event in New York City, former President Trump’s campaign brought in nearly double.
The Biden campaign event was attended by former presidents Bill Clinton and Barack Obama, along with a host of celebrities. Trump’s campaign event was hosted by billionaire hedge fund manager John Paulson, who has been rumored as a possible pick for Trump’s Treasury secretary. Many GOP megadonors attended the event at Paulson’s Palm Beach mansion, including former Georgia Republican Senator Kelly Loeffler and her husband Jeffrey Sprecher, who is the founder of the Intercontinental Exchange and the chairman of the New York Stock Exchange.
Several donors gave the maximum donation of $824,600 at the “Inaugural Leadership Dinner,” which earned them a seat at the table with Trump. Senior advisers from Trump’s campaign released a statement ahead of the event, announcing the expected campaign haul of $50.5 million. Now that Trump is the presumptive GOP nominee, Republican megadonors who may have held out on donating to any candidate, as well as those who were backing other Republican candidates, have finally come home to roost. Trump’s advisers also boasted about his recent polling numbers, writing that his campaign has “the message, the operation, and the money” to be victorious in November.
Republican National Committee Chairman Michael Whatley and co-chair Lara Trump also remarked on the event’s success, arguing that Americans have had enough of Biden’s continuous failures. The pair made clear that the Republican Party had united behind Trump and voters were joining the movement in droves to put an end to Biden’s political career. Former First Lady Melania Trump also attended the event, just weeks ahead of her scheduled fundraising event with the Log Cabin Republicans.
Former Republican presidential primary candidates Vivek Ramaswamy, South Carolina Republican Senator Tim Scott, and North Dakota Republican Governor Doug Burgum also attended the event. While Democrats had around $123 million more on hand than Republicans at the end of March, the $50 million raised at the event certainly cut into that lead.
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