Former U.S. President Donald Trump has reportedly raised over $34 million for his 2024 presidential campaign since the beginning of this year.
This comes as his indictment on March 30th has given him a significant boost in donations, with $15.4 million being raised in the two weeks after charges were filed against him.
Trump’s campaign has been rallying his supporters with the news of his indictment, sending out fundraising appeals with dramatic titles such as ‘the last email before I go to jail’.
The former president claims to be a victim of a weaponized federal government, with the charges against him being the work of Democrats who don’t want to see him win another term in the White House.
The spike in donations is indicative of how much Trump’s supporters have rallied around him.
He received 312,564 donations in the two weeks after charges were filed, with the average donation totaling roughly $49.
Trump has been raising money for his 2024 presidential bid through both his campaign and his political action committee, Save America PAC.
In comparison, one of few other announced candidates in the GOP presidential race, Nikki Haley, announced she raised more than $11 million between her Feb. 15 campaign launch and the end of the first quarter.
However, her actual filings with the Federal Election Commission showed that her campaign appears to have double-counted money it moved among various committees, which means it dramatically overstated its haul.
Trump’s indictment, which includes over 30 charges related to a hush money payment to former porn star Stormy Daniels, has also seen a huge increase in his poll numbers.
He pled not guilty to the charges and claims that the charges are politically motivated.
The former president’s ability to raise large amounts of money highlights the continued support he has among his base.
It also demonstrates the significant influence he still holds within the Republican Party, despite being out of office for over a year.
The 2024 presidential race is shaping up to be highly contested, with several high-profile candidates already announcing their bids for the Republican nomination.
Trump’s ability to raise large amounts of money will likely give him a significant advantage in what is expected to be a tightly contested race.