Trump plans to form leadership PAC in bid to hold influence over GOP

Source: The Hill | November 10, 2020 | Max Greenwood

President Trump is planning to form a leadership political action committee (PAC) as he looks to retain influence in the GOP after he leaves office.

Tim Murtaugh, a spokesperson for Trump’s campaign, said that the plan is not a recent development. But with President-elect Joe Biden’s victory in the 2020 presidential race, a leadership PAC could help Trump hold onto his status as a Republican kingmaker in the years to come, allowing him to help finance GOP candidates and causes aligned with his interests.

“The president always planned to do this, win or lose, so he can support candidates and issues he cares about, such as combating voter fraud,” Murtaugh said in a statement. 

Donors can contribute up to $5,000 a year to a leadership PAC, far less than what individuals can give to joint fundraising committees like the one established by Trump, the Republican National Committee and various state parties.

But such leadership PACs can accept contributions from an unlimited number of individuals, as well as other PACs. 

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