Trump's legal fees slush fund is drying up [View all]
The Save America PAC is $500,000 in the red according to federal filings and owes three times as much to the presidents many, many lawyers.
https://www.ms.now/opinion/trumps-legal-fees-donations-fec
President Donald Trumps army of lawyers may be the largest of any Oval Office occupant in history. Aside from the attorneys who work for the office of the president, he has retained a veritable phalanx of personal attorneys over the years to represent him in court. That kind of legal firepower doesnt come cheap. But according to recent Federal Election Commission filings, the funding stream Trump has been using to pay out millions to law firms is running very, very low on cash......
Both PACs are in a much worse financial state now that Trump isnt actively running for president. Based on its quarterly filing with the FEC, Save America has $1.19 million in cash on hand. That would be a tidy sum for you or me, but Save America also owes a total of $1.6 million, all of which is meant to cover previous legal consulting or reimbursement for legal fees and expenses. Those debts are what is left after the committee already spent almost $2.3 million covering those budget items so far this year.
Save America also transferred an additional $1.6 million to Make America Great Again PAC since January. Despite that, according to its latest FEC filing, MAGA PAC only has $28,087 in cash on hand at the end of the first quarter, versus $763,000 in debts. Much as with Save America, $1.3 million of the committees money likewise went to paying out legal fees in the last quarter.
Save America owes the lions share of its debt to two firms: NechelesLaw LLP and Sullivan & Cromwell LLP. The formers lead partner, Susan Necheles, represented Trump in the 2024 New York hush money case that led to Trump being convicted on 34 counts of fraud. The latter firm has taken up Trumps appeal of that hush money case and the massive $350 million civil judgement against him and his company, The Trump Organization. Meanwhile, MAGA PAC owes $318,000 to Colorado firm Campbell Killin Brittan & Ray LLC, which represented the 2024 campaign in a defamation suit, and another $183,000 to Virginias Binnall Law Group, which served as counsel to Trump on issues regarding the Jan. 6 insurrection.
This ignores any "pro bono" work that may have been done by the law firms who were stupid enough to agree to sign trump's executive orders. I am surprised that Sullivan and Cromwell is doing work for trump. Sullivan is a major firm.
trump stiffs everyone including his lawyers.