Trump raised $51 million in last half of 2021, enters new year with $122 million
The funds are in federal accounts that don't allow spending on presidential run but allow Trump to fully fund political operations.
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Former President Trump's political operation raised over $51 million in the second half of 2021, according to new federal filings.
The fundraising haul brings Trump's total campaign war chest entering 2022 to $122 million — roughly double the Republican National Committee's cash on hand, according to The New York Times.
The millions give Trump, who has continued to solicit online political contributions since leaving office about 13 months ago, a solid head start on other possible 2024 presidential contenders should he seek reelection.
The $122 million is in federal accounts that don't allow the money to be spent on a presidential run but allow Trump to fully fund such political operations as rallies, TV ads and direct money to his businesses, The Times reports.
Federal filings show Trump spent nearly $1.5 million from Save America PAC, his main political account, with the company that stages his rallies, and $1.3 million on Facebook ads.
The social media platform banned Trump in early 2021 but still allows his political operation to pay to advertise.