Skip to content
Search AI Powered

Latest Stories

We Now Know How Donald Trump Has Funneled His 2020 Campaign Donations to His Own Pocket, and He's Been Doing It Right Out in the Open

Well well well.

President Donald Trump is profiting off his 2020 reelection bid by having his own businesses charge the campaign for goods and services, according to an explosive new report by Forbes.

Forbes reported on Thursday that while court filings show Trump has "not donated a penny of his own" money toward his campaign, "his businesses continued to charge the campaign for hotels, food, rent and legal consulting."


This has resulted in nearly $1.1 million in personal enrichment by the already compromised 45th president. So far, 50,000 people have contributed to Trump's 2020 campaign. Trump is not one of them.

This is a stark contrast to 2016 when Trump spent $66 million of his own money to pump himself up as a candidate.

Forbes found, for example, that Trump Tower in New York, which the president owns outright, "charged the reelection campaign $665,000 in rent." The Republican National Committee has spent an additional $225,000 in Trump Tower, though a spokesperson declined to comment on the matter.

Is it really so surprising? No.

The differences between today and 2016, however, are substantial.

"The president’s campaign paid an average of $2,700 in monthly Trump Tower rent for every person listed in campaign filings as receiving a “payroll” payment," Forbes learned. "The 2020 operation, by contrast, is shelling out an average of $6,300 in monthly rent for every such person."

Another of Trump's entities, Trump Plaza LLC, has raked in $42,000 in campaign funds since November of last year, Forbes said. But the specifics, like with Trump Tower, remain elusive.

"Trump Plaza LLC controls a retail space, garage and two brownstones near Third Avenue in New York City," Forbes noted. "The retail space at Trump Plaza shows no signs of campaign activity, and a non-Trump company seems to sub-lease the garage from Trump Plaza LLC—leaving just the two brownstones."

Forbes added that the brownstones are closed to the public and therefore whatever is going on inside them is unknown.

After watching the comings and goings from the brownstones, Forbes was left with little to go on. The people entering and exiting either did not want to talk, or knew nothing. This includes the Trump Plaza lobby attendant.

“I’ve been here since the beginning,” the doorman said. “If there was any kind of office rented out for campaigning or whatever, I would know about it.”

So what explains the steadily increasing stream of revenue to Trump properties at the expense of campaign donors? That remains to be seen.

"From November 2017 to August 2018, the Trump campaign paid Trump Plaza LLC an average of $4,200 per month," Forbes found. "The real estate website StreetEasy lists recent rentals in the building for $3,700 to $3,850 per month. Candidates are permitted to do business with their own companies only if they pay fair-market prices."

Beyond that, another $90,000 in "legal consulting" was funneled into the Trump Corporation shortly after the appointment of Special Counsel Robert Mueller in 2017. Federal records do not indicate what types of legal services were performed by Trump's company.

Two of Trump's hotels have also profited from the campaign. The lavish Trump International Hotel just down the street from the White House brought in $120,000 on donors' dimes. In February of last year, said Forbes, the Trump International Hotel in Las Vegas earned $15,000. For what, we do not know.

One former Federal Election Commission head told Forbes the financial relationship between Trump's campaign and businesses is "highly unusual" and potentially illegal.

“There is always a concern when you’re looking at expenditures as to whether those expenditures are being used for personal use, for personal purposes, because that’s illegal," said Ann Ravel, who left her post after Trump took office. "And there is, in my opinion, a fine line here with so much money being utilized for economic benefit for the candidate himself.”

As of October 2018, Trump's reelection campaign has raised an "unprecedented" $100 million.

More from People/donald-trump

Car lights on a dark street
black car on road during night time
Photo by Christian Lue on Unsplash

The Scariest 'We Need To Leave, Now!' Experiences People Have Ever Had

We all have memories of a scary experience we would much rather not have in our memories.

Experiences such as horrific turbulence on a flight or waiting for a loved one in a life-or-death surgery, where there simply was no getting out of.

Keep ReadingShow less
A parking machine, with a care parallel parked on the street behind it.
black car parked on sidewalk during daytime

People Reveal The Secret Loopholes They Exploited Until They Finally Got Fixed

Who wouldn't take an easy route around an everyday inconvenience.

It's hard to imagine anyone would say no to anything that would save them time or money.

Keep ReadingShow less
JD Vance; Picture of Renee Nicole Good at vigil
Celai Gunes/Anadolu via Getty Images; Scott Olson/Getty Images

JD Vance Slammed After Baselessly Claiming Woman Killed By ICE In Minneapolis Was A 'Deranged Leftist'

Vice President JD Vance was criticized after he claimed without evidence that Renee Nicole Good—the woman fatally shot by an ICE agent in Minneapolis on Wednesday—was a "deranged leftist."

Department of Homeland Security (DHS) spokesperson Tricia McLaughlin claimed Good “weaponized her vehicle, attempting to run over our law enforcement officers in an attempt to kill them.” But Minneapolis Mayor Jacob Frey pushed back against this narrative considering witnesses described seeing Good in the vehicle trying to flee officers when she was shot.

Keep ReadingShow less

People Break Down Which Careers Are A Total Relationship Turn-Off

Not every job is a desirable job to a romantic partner.

Even in this day and age, where people are scrambling to find any kind of job, potential romantic partners are compiling a 'not going to happen with me because of what you do list!'"

Keep ReadingShow less
Nicotine pouches now appearing in vending machines
John Keeble/Getty Images

Tech Companies Spark Backlash After Adding Nicotine Pouch Vending Machines As Office 'Perk'

More vacation time. More maternity, paternity, and sick leave. Walking paths and healthy snacks provided for free. Mental health break rooms and emotional support office dogs.

These are great examples of "office perks" that would encourage people to return to an in-office setting.

Keep ReadingShow less