GOP Strategist: Billions In Trump Donations Went Into “Financial Black Hole” Controlled By The Trump Family
August 26, 2024

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Opinion
Guest Essay

Republican Donors: Do You Know Where Your Money Goes?

Aug. 26, 2024, 5:01 a.m. ET
By Juleanna Glover

Juleanna Glover is the chief executive of Ridgely Walsh, a corporate consultancy, and a former adviser to many Republican officials.

We long ago blew past any meaningful controls on political giving in American elections. Now we should focus on the rules governing political spending, which are in equally terrible shape. For that we can blame the Trump campaign and the federal government’s feeble enforcement efforts.

Anyone who has spent time reviewing Donald Trump’s campaign spending reports would quickly conclude they’re a governance nightmare. There is so little disclosure about what happened to the billions raised in 2020 and 2024 that donors (and maybe even the former president himself) can’t possibly know how it was spent.

Federal Election Commission campaign disclosure reports from 2020 show that much of the money donated to the Trump campaign went into a legal and financial black hole reportedly controlled by Trump family members and close associates. This year’s campaign disclosures are shaping up to be the same. Donors big and small give their hard-earned dollars to candidates with the expectation they will be spent on direct efforts to win votes. They deserve better.

During the 2020 election, almost $516 million of the over $780 million spent by the Trump campaign was directed to American Made Media Consultants, a Delaware-based private company created in 2018 that masked the identities of who ultimately received donor dollars, according to a complaint filed with the F.E.C. by the nonpartisan Campaign Legal Center. How A.M.M.C. spent the money was a mystery even to Mr. Trump’s campaign team, according to news reports shortly after the election.

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