In the days after the FBI searched former President Trump’s residence at his Mar-A-Lago club in Florida, his political action committees raised millions of dollars from supporters.
That haul, which was reported by the Washington Post, is a major boost to Trump’s PAC fundraising, which was sagging in July. Still, at the end of last month, the Save America PAC, Trump’s largest PAC, had a whopping $99.1 million on hand — and the millions raised after the Aug. 8 FBI search added to the former president’s massive war chest.
Regulations from the Federal Election Commission and experts on finance law say that there are almost no restrictions on how Trump spends the PAC money while he is not a candidate for president. However, the money raised can’t be used for a potential 2024 campaign if Trump decides he’ll run again, experts say.
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