Trump Raises Record $50.5 Million Haul at Florida Fundraiser
Summary from the AllSides News Team
Former President Donald Trump raised $50.5 million at a fundraiser in Florida on Saturday.
The Details: A portion of the funds will go to a fundraising group that has spent tens of millions on Trump’s legal fees. The event was hosted at hedge fund manager John Paulson's home in Palm Beach and included several other co-hosts ranging from investors to businesspeople.
For Context: On Saturday, the Democrats announced Biden raised more than $90 million in March and has $192 million in available cash. The Trump campaign and Republican National Committee raised a combined $65.6 million in March, and said they ended the month with $93.1 million in cash on hand. Biden raised $26 million at an event in March in New York City that included donors, former Presidents Barack Obama and Bill Clinton, and celebrities like celebrities like Queen Latifah, Lizzo, and Ben Platt.
How The Media Covered It: CNN (Lean Left bias) highlighted some of what the Biden campaign has been able to do with its funds so far and a quote from the Democratic National Committee chairman. Reuters (Center bias) included context on money not always being a decider, citing how Democratic presidential candidate Hillary Clinton vastly outraised Trump in 2016. Fox News (Right bias) called Trump’s fundraising event “historic.”
Featured Coverage of this Story
From the Left
Trump campaign announces record $50.5 million haul at Florida fundraiserDonald Trump’s campaign said it raised $50.5 million at a Saturday fundraiser in Florida, a staggering sum as the former president’s political operation scrambles to close its big financial gap with President Joe Biden and the Democratic Party.
The haul announced by the campaign and top officials with the Republican National Committee far eclipses the $26 million that Biden reported collecting recently at a star-studded gathering in New York City that featured former Presidents Bill Clinton and Barack Obama. The Trump total from the “Inaugural Leadership Dinner” at the Palm Beach, Florida, home of billionaire investor John...
From the Center
Trump says $50 million raised from biggest fundraiser yetRepublican presidential candidate Donald Trump's campaign said a major fundraiser in Florida on Saturday raked in a massive $50.5 million as the former president seeks to replenish diminished coffers in his rematch against Democrat Joe Biden.
The event, his biggest fundraiser yet, is a much-needed boost for Trump, who has been routinely outraised by Biden and is in the midst of a financial squeeze due to ballooning lawyer fees and legal payouts from his criminal and civil court cases.
The dinner, hosted at billionaire hedge fund manager John Paulson's Palm Beach home, will allocate a portion...
From the Right
Trump campaign raises more than $50 million at Florida fundraiser: 'historic' haulFormer President Trump's campaign team says it raised more than $50 million at a Saturday evening’s GOP fundraiser in Palm Beach, Florida, smashing records for a Republican or Democratic candidate.
"It took three Democrat presidents to raise $25 million and one president to raise over $50 million, Donald J. Trump," campaign spokesperson Danielle Alvarez boasted.
Saturday’s fundraiser took place at a private home in Palm Beach, hosted by billionaire and hedge fund founder John Paulson. Among the 100 or so guests will be heavy-hitters like casino mogul Steve Wynn, Bigelow Aerospace Founder...
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