Trump PAC Raises $177M Amid Pay-for-Access Allegations
Trump PAC Raises $177M Amid Pay-for-Access Allegations

Trump PAC Raises $177M Amid Pay-for-Access Allegations

News summary

Financial disclosures reveal that President Donald Trump and his super PAC, MAGA Inc., have raised over $177 million since January 2025, with significant contributions coming from the cryptocurrency industry, totaling $45 million. High-profile donors, including crypto entrepreneurs like Eric Schiermeyer and the Winklevoss twins, have gained access to the president through exclusive dinners and events, with Schiermeyer pitching a government-backed cryptocurrency concept called "USA Token." Several major donors have received appointments in the Trump administration, such as Anjani Sinha, nominated as ambassador to Singapore after donating $1 million, Cody Campbell on the Council on Sports, Fitness, and Nutrition after a $500,000 donation, and Josh Lobel joining the Intelligence Advisory Board following a $250,000 contribution. A mother who donated to MAGA Inc. was also granted a presidential pardon for her son, raising concerns about a pay-for-access scheme. MAGA Inc. and Trump’s team deny these allegations, asserting that the president values his supporters and cannot be bought. These revelations underscore scrutiny over the intersection of political fundraising, influence, and official appointments under President Trump’s administration.

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