Donald Trump’s future: Tons of cash and plenty of options for spending it
When US President Donald Trump departs the White House, he will have a huge pile of cash to fuel his future ambitions. He can hold rallies, hire staff and even lay groundwork for a potential 2024 run. New York Times
US President Donald Trump (Image: Reuters)
Donald J. Trump will exit the White House as a private citizen next month perched atop a pile of campaign cash unheard-of for an outgoing president, and with few legal limits on how he can spend it.
Deflated by a loss he has yet to acknowledge, Trump has cushioned the blow by coaxing huge sums of money from his loyal supporters often under dubious pretenses raising roughly $250 million since Election Day along with the national party.
Jared Kushner signed off on $617 million company to ease Trump s paranoia about Brad Parscale Salon 12/19/2020 Brad Parscale and Jared Kushner Getty Images/Salon
Top White House adviser Jared Kushner, son-in-law to outgoing President Donald Trump, helped create a shell company which made it impossible to know who received nearly $620 million of the Trump campaign s 2020 expenses. Campaign lawyers devised the company to increase Trump s own insight into his campaign s expenses, a former top-level campaign staffer confirmed to Salon.
The company, American Made Media Consultants (AMMC), was launched in spring of 2018 and mostly served as a conduit for the campaign to pay media and advertising vendors. The entity also made it impossible for the public to see which vendors the campaign hired and how much they were paid. In all, the Trump campaign and sister committee Trump Victory reported that of the $1.2 billion spent on Trump s f
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Jared Kushner Used Shell Company to Divert Campaign Cash to Trump Family
Dec 19, 2020 12:31 AM
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Staff Writer
According to reports, Trump adviser and son-in-law Jared Kushner set up a shell company to divert campaign cash to pay the Trump family. Kushner s shell company had sister-in-law Lara Trump, Vice President Mike Pence’s nephew John Pence and Trump campaign CFO Sean Dollman to sit on the board.
Financial documents show the company, set up as American Made Media Consultants Corporation and American Made Media Consultants LLC, spent $617 million of the Trump campaign’s $1.26 billion. Top-level Trump campaign staff told reporters they were unaware of how the shell company operated.
Trump's future: Tons of cash and plenty of options for spending it baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.