President Trump is set to hold a high-dollar fundraiser in Washington next week to begin amassing campaign cash for his 2020 re-election bid.
Access to the June 28 dinner will cost individual donors $35,000. For $100,000, contributors can be designated as members of the fundraising dinner’s host committee. In addition to the main re-election account established for Trump and Vice President Mike Pence, this fundraiser will set aside money for the 2020 Republican primary, presumably to ward off any intraparty challenges.
Federal law caps candidate contributions at $2,700 for the general election and $2,700 for the primary. But the Trump campaign has formed a joint fundraising committee with the Republican National Committee, enabling the president to accept big checks and stockpile extra money to invest in his re-election through the national party (campaign committees like the RNC are permitted to accept as much as $35,000 from individual donors.)
In 2016, the RNC handled the vast majority of the expensive data and field operations for the Trump campaign. Ronna McDaniel, chairwoman of the RNC and a Trump appointee, is hosting next week’s dinner, according to a copy of the invitation obtained by the Washington Examiner, with the money raised going to “Trump Victory” to be distributed as follows:
“Contributions from individuals (multicandidate PACs in parentheses) will be allocated sequentially according to the following formula: $2,700 ($5,000) to DJTP primary account; $2,700 ($5,000) to DJTP general account; $33,900 ($15,000) to the RNC’s Operating account; $101,700 ($45,000) to the RNC’s Headquarters account; $101,700 ($45,000) to the RNC’s Convention account; and the remainder, up to $101,700 ($45,000), to the RNC’s Legal Proceedings account.”
The RNC had not returned an email requesting comment at the time this story was posted.
