Mar 29, 2024 - Politics & Policy

Trump's flex: Plans to host an even bigger fundraiser than Biden

Mike Allen

Former President Donald Trump speaks while someone holds an umbrella over him. — Former President Trump gives a brief statement after attending the wake for slain NYPD Officer Jonathan Diller on Mar. 28, 2024, in Massapequa, N.Y. Photo: Michael M. Santiago/Getty Images

As the Biden campaign touted Thursday night's $25 million fundraiser as a political record, word leaked about a Trump campaign event that organizers say will raise even more — at least $33 million.

Why it matters: The former president is facing a cash crunch as mounting legal bills drain his coffers and the 2024 race heats up.

Driving the news: Trump will host donors on April 6 at Mar-a-Lago for a fundraiser hosted by New York hedge fund billionaire John Paulson, who has been floated by Trump as a possible Treasury secretary, AP reports.

A campaign official confirmed the plans for Axios.

Zoom in: Co-chairs include Las Vegas-based businessman Robert Bigelow, casino mogul Steve Wynn and New York grocery billionaire John Catsimatidis.

Admission is $250,000 — or $814,600 to be named a "chairman."
Perks include a personalized copy of "Our Journey Together," Trump's coffee-table book of photos from his administration.

What they're saying: "The response to our fundraising efforts has been overwhelming, and we've raised over $33 million so far," Paulson told the Financial Times.

"There is massive support amongst a broad spectrum of donors. The dinner is relatively small in nature, and we are almost at our cap," he said.

Go deeper: Inside Biden's monster cash advantage over Trump

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Trump's flex: Plans to host an even bigger fundraiser than Biden

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