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## Trump’s Fundraiser Exceeds Expectations in Palm Beach

NEW YORK (AP) — Donald Trump’s campaign is anticipating a significant boost in fundraising of over $40 million during his upcoming major fundraiser. The event, hosted at the Palm Beach, Florida home of billionaire investor John Paulson, is projected to bring in a staggering $43 million for the former president’s potential third run for the White House, as confirmed by Paulson.

The high-profile gathering is anticipated to draw around 100 guests, with a notable presence of numerous billionaires, setting a new record for single-event fundraising, surpassing President Joe Biden’s recent achievement of $26 million raised at a similar gathering attended by former Presidents Bill Clinton and Barack Obama.

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“The response to our fundraising initiatives has been exceptional, with over $43 million raised thus far,” stated Paulson, a prominent hedge fund manager. “There is substantial support from a diverse range of generous donors.”

The event, dubbed as the “Inaugural Leadership Dinner,” serves as a symbolic indicator of the resurgence of Trump and the Republican Party’s fundraising efforts, aiming to close the gap with the fundraising prowess of Biden and the Democrats.

Trump and the GOP recently announced a fundraising total of over $65.6 million in March, culminating in a month-end balance of $93.1 million. In comparison, Biden and the Democrats disclosed a fundraising haul exceeding $90 million in the same month, with reserves totaling over $192 million.

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“While Donald Trump has busied himself with golf accolades at Mar-a-Lago and socializing with billionaires, Joe Biden has been actively engaging with voters across the country, outlining his plans to bolster the economy from the ground up,” remarked Democratic National Committee Chair Jaime Harrison, alluding to Trump’s residency in Florida.

Initially encountering challenges to attract major donors during the launch of his campaign, Trump’s trajectory shifted as he claimed resounding victories, cementing his status as the presumptive nominee and garnering unified support from the GOP.

Contributions from the event will be channeled to the Trump 47 Committee, as per the invitation, under a collaborative fundraising agreement involving the Republican National Committee (RNC), state Republican parties, and Save America, a political action committee that covers a significant portion of Trump’s legal expenses. The unique arrangement prioritizes donations to first fulfill the legal contribution limit to Trump’s campaign and Save America, before allocating funds to the RNC or state parties.

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Donors contributing the suggested amounts of $814,600 per person as “chairman” contributors or $250,000 per person as “host committee” contributors will witness a substantial portion of their donation directed to Save America, benefitting the financially strained RNC.

Concerns emerged within the RNC amid preparations in March to appoint a new leadership team endorsed by Trump, including Lara Trump, his daughter-in-law. Some RNC members expressed apprehension that the committee’s finances might be channeled towards Trump’s mounting legal fees as he navigates multiple legal battles, including four criminal cases.

Although the fundraising agreement does not specify the allocation of RNC funds towards Trump’s legal expenses, any contribution made to the collective campaign automatically prioritizes payments to the campaign and Save America.

Co-chairs for the fundraiser include influential figures such as Las Vegas-based businessman Robert Bigelow, New York grocery billionaire John Catsimatidis, former WWE executive Linda McMahon, casino mogul Steve Wynn, and former Georgia Sen. Kelly Loeffler, as listed in the invitation.

Guests are encouraged to contribute $814,600 per person as “chairman” contributors, entitling them to sit at Trump’s table, or $250,000 per person as “host committee” contributors, offering a photo opportunity and a personalized copy of Trump’s coffee table book, “Our Journey Together,” featuring images from his administration.

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Notable figures who vied against Trump in the GOP nomination race, including South Carolina Sen. Tim Scott, North Dakota Gov. Doug Burgum, and biotech entrepreneur Vivek Ramaswamy, are expected to make appearances as “special guests” at the fundraiser.

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