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☆ A pro-Trump PAC has received millions in crypto donations since June
▼ + stars: | 2024-10-16 | by ( Aditi Bharade | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A pro-Trump PAC has raised more than $7.5 million in cryptocurrency donations since June. Trump 47 PAC raised the amount in bitcoin, ether, USDC, and other cryptocurrencies, per FEC filings. AdvertisementA political action committee called Trump 47 has raised $7.5 million in cryptocurrency donations for former President Donald Trump's White House bid. According to Federal Election Commission filings on Tuesday, the Trump 47 PAC received donations in bitcoin, ether, XRP, and other cryptocurrencies. But in May, Trump hosted an event in Mar-a-Lago, where he said he would accept cryptocurrency donations for his campaign.

Persons: —, Donald Trump's, Cameron, Tyler Winklevoss, Trump, I've, cryptocurrency, bitcoin, he'll, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Elon Musk, Kamala Harris, Mark Cuban, Cuban Organizations: Trump PAC, Trump, PAC, Service, Federal, Records, Liberty, AFP, Fox Business, United, FEC, America, America PAC — Locations: United States, Mar, Nashville

☆ Elon Musk may knock on doors for Trump in Pennsylvania, report says
▼ + stars: | 2024-10-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Elon Musk has gone all-in for Trump, including recently speaking at a rally in Pennsylvania. His super PAC has also spent tens of millions of dollars boosting Trump and GOP House candidates. Musk is so deeply involved that he may knock doors himself, according to the NYT. AdvertisementElon Musk, the richest person in the world, is so dedicated to electing former President Donald Trump that he may end up knocking doors for him. "President Trump must win to preserve the Constitution," Musk said at the rally.

Persons: Elon Musk, —, Donald Trump, Musk, — America PAC —, Kamala Harris, Trump, Ron DeSantis Organizations: Trump, PAC, GOP House, Service, The New York Times, Musk's, — America PAC, Florida Gov, Republican Locations: Pennsylvania, Butler , Pennsylvania, America

☆ Biden campaign blasts 'arrogant billionaires only out for themselves' after report Elon Musk donated to pro-Trump super PAC
▼ + stars: | 2024-07-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden's campaign blasted Elon Musk after reports that Musk donated to a pro-Trump super PAC this week. Musk donated an undisclosed amount of money to America PAC — a super PAC working to elect Donald Trump in 2024 — Bloomberg first reported on Friday. This story is available exclusively to Business Insider subscribers. "Arrogant billionaires only out for themselves are not what America wants or what America needs," James Singer, a spokesman for the Biden campaign, told Bloomberg in a statement. AdvertisementRepresentatives for the Biden campaign did not immediately return a request for comment from Business Insider on Saturday.

Persons: —, Joe Biden's, Elon Musk, Musk, Donald Trump, James Singer, Biden, Elon, Trump, Joe Biden, Kamala Harris Organizations: Service, Trump, America PAC —, — Bloomberg, Business, America, Bloomberg, White House, Ford, Tesla, Wall Street Journal, Democrats, GOP Locations: America

☆ Trump's election-law witness Bradley Smith is getting $1,200 an hour to testify — and spin reporters
▼ + stars: | 2024-05-20 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs Donald Trump's criminal hush-money trial nears the end, the former president's defense team plans to call at least one witness — an ex-commissioner of the Federal Election Commission who's getting a whopping $1,200 an hour. Smith does not appear to be quoted in media coverage of Trump's hush-money case. Related storiesThe judges in both cases found that the defense improperly wanted Smith to interpret campaign finance law to the jury. AdvertisementIn putting Smith on the stand, Trump's defense team hopes to challenge the prosecution's argument that the hush-money payment breached those laws.

Persons: —, Donald, Commission who's, Bradley Smith —, Smith, he'd, Trump, Juan Merchan, Bill Clinton, Bradley Smith, Douglas Graham, Sam Bankman, Suarez, Trump —, Eli Bartov, Arthur Engoron, Engoron, Stormy Daniels, Michael Cohen, Cohen, Daniels, Melania Trump Organizations: Service, Commission, Republican, Business, New, Save America PAC —, New York University, The Manhattan, Attorney's, Prosecutors, Trump Locations: Trump's, Manhattan, States

☆ Opinion: Trump’s indictment bounce may well be a ‘sugar high’
▼ + stars: | 2023-08-14 | by ( Dean Obeidallah | ) edition.cnn.com time to read: +5 min

CNN —On Sunday, The New York Times published a front-page article titled “How Trump Benefits From an Indictment Effect.” As the Times wrote, “Donors sent checks. Trump’s trial over the 2020 election interference may start in early 2024 if special counsel Jack Smith has his way. And while Trump’s criminal charges yielded “an online gold mine,” according to The New York Times, it’s unclear how much this bump in “bigly” fundraising will continue. Given our polarized electorate, the 2024 presidential election will be close regardless of who the Republican nominee is. But with Trump facing 78 criminal charges — as well as possibly more to come — his sugar high in the GOP primary is going to come crashing down.

Persons: Dean Obeidallah, “, Trump, ” Dean Obeidallah, Donald Trump, Jack Smith, Tanya Chutkan —, —, ” Chutkan, There’s, ”, Joe Biden, there’s, Biden Organizations: CNN, The New York Times, Times, Fox News, Mr, ” Dean Obeidallah CNN, GOP, Trump’s Save America PAC, Federal, Commission, The Washington, Trump, Twitter, Facebook, ABC, New York Times, Siena College, Republican Locations: Siena

☆ Trump campaign is fundraising off of new indictment as reports reveal pro-Trump PAC is doling out millions for legal bills
▼ + stars: | 2023-08-02 | by ( Hannah Getahun | Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Former President Donald Trump was indicted Tuesday in connection to the January 6 insurrection. Following his third indictment, Trump is asking supporters to donate to his Joint Action Committee. A small percentage of these donations are diverted to his PAC, which is covering his mounting legal bills. In his fundraising request, Trump asks his followers to make a donation in order to "help peacefully DEFEND our movement from the never-ending witch hunts," a term Trump uses often to refer to his legal woes. A representative for Donald Trump did not immediately respond to Insider's request for comment.

Persons: Donald Trump, Trump, —, Joe Biden's, Jack Smith, Mike Pence Organizations: Service, Trump, Trump Save America, Save America PAC, Washington Post, The New York Times, Capitol, Justice Department, Department of Justice Locations: Wall, Silicon

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