A new Donald Trump-backed super PAC was formed on Friday, as the former president seeks to exert more influence in November’s midterm contests ahead of a possible 2024 bid for the White House.
Importantly, the super PAC could also be used to hold in reserve cash for that bid that can’t currently finance a campaign of his own because it’s sitting in a leadership PAC, a type of committee barred from that sort of spending.
The super PAC is called Make America Great Again Inc., according to paperwork filed with the Federal Election Commission. It is the latest in a string of Trump-aligned committees to bear that name. It supplants Make America Great Again, Again!, which was registered last fall and has raised about $15 million and spent about $5 million.
Importantly, the super PAC could also be used to hold in reserve cash for that bid that can’t currently finance a campaign of his own because it’s sitting in a leadership PAC, a type of committee barred from that sort of spending.
The super PAC is called Make America Great Again Inc., according to paperwork filed with the Federal Election Commission. It is the latest in a string of Trump-aligned committees to bear that name. It supplants Make America Great Again, Again!, which was registered last fall and has raised about $15 million and spent about $5 million.
Most of Trump’s fundraising since he left the Oval Office has benefited a leadership PAC called Save America, which has broad latitude in distributing funds, including to cover travel, pay advisers and, as numerous law enforcement investigations intensify, defray legal costs.
One notable restriction is that such PACs can’t be used by candidates to finance their own political campaigns, meaning the money would have to be transferred out of the committee to power a new presidential campaign.
One notable restriction is that such PACs can’t be used by candidates to finance their own political campaigns, meaning the money would have to be transferred out of the committee to power a new presidential campaign.
