Former President Donald Trump has been charged in a complaint with violating campaign finance laws by raising and spending political funds for a 2024 presidential bid without declaring his candidacy to avoid regulations and restrictions. reporting restrictions.
“Trump illegally used his leadership PAC for multiple candidates to raise and spend funds in excess of [Federal Election] Commission limits for the purposes of advance a 2024 presidential campaign,” the complaint said. filed earlier this week by American Bridge 21st Century, a Democratic super PAC.
The money has already been used for “payments for events at Trump properties, rallies featuring Mr. Trump, consulting payments to former Trump campaign staff, and digital event advertising.” of Mr. Trump and his alleged 2024 adversary,” the complaint reads.
Trump was required by law to file a statement of intent to run within 15 days of receipt of contributions or any expenses over $5,000. The filing triggers restrictions on how Trump could raise and spend campaign funds, including his existing war chest.
“Trump has toyed with federal election campaign law for months“, the group said, noting that the former president, through his Save America PAC, spent more than $100,000 a week on Facebook ads” and consistently raised more than $1 million a week – a “clear breach” of campaign finance law. and established precedent” by the FEC.
Trump, who holds periodic rallies to sing his own praises to his supporters, acknowledged he would delay announcing his candidacy to circumvent campaign finance regulations. The law aims to require transparency about who funds candidates, and by how much, and who, therefore, can exert significant influence over a candidate’s policy and future actions in office.
During a visit last September to a Manhattan police station near Trump Tower, an officer asked him via video if he was going to run for president again. Trump teased, “Oh, that’s a tough question.”
Then he added: “Actually, for me, it’s an easy question. I mean, I know what I’m going to do. But we’re not supposed to talk about it yet from the perspective of campaign finance laws, which, frankly, are ridiculous. But I think you will be very happy.
American Bridge wants the FEC to compel the disclosure of Trump’s expenses and fine him “the maximum amount allowed by law.”
Trump spokesman Taylor Budowich told The Associated Press the complaint was baseless and accused Democrats of resort to “cheap stuff”.