Recession-Proof System Revealed!

This strategy is largely traded by hedge funds, but has been kept a secret from retail traders for decades. While hedge funds focus on helping the super-rich, it's our mission to help the rest. Now you can use their secrets to grow your own trading account!

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Republican Party Hits Eight-Year Low For Cash: Could Lack Of Large Donors Hurt 2024 Election Odds?

Chris Katje
November 27, 2023

With a potential rematch of Donald Trump versus Joe Biden, advertising spending is expected to hit records for the 2024 election cycle.

This could be bad news for the Republican National Committee, which has reported lower political donations.

What Happened: Donald Trump leads many national polls ahead of President Joe Biden and has a commanding lead over his Republican competition for the GOP nomination for the presidential election in polls.

The Republican National Committee might not be able to help Trump or other candidates out as much as they have in recent elections, based on the size of its current war chest.

According to the Washington Post, the RNC had $9.1 million in cash at the end of October, as per a party disclosure. This total was the lowest for the RNC in any Federal Election Commission report since February 2015.

The report could be worrisome as the RNC had around $20 million, or over double at this point in the 2016 election cycle and had around $61 million at this point four years ago for the 2020 election cycle.

The Democratic National Committee had around $17.7 million as reported for the end of October, ranking nearly double that of the amount from the RNC.

Reports say the RNC is getting less large checks from political donors and its amount of small donations has also fallen.

"We're going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail," RNC member Oscar Brock said, as shared by the Washington Post.

Reports said some donors might not be making donations this year as the donations could directly benefit Trump, a person that not all Republicans were willing to support with their own money.

Lower donation amounts and totals could also come as a result of higher inflation and tightened consumer spending.

RNC Chairwoman Ronna McDaniel cited voters giving more to individual candidates instead of the overall party as a reason for the lower donation amounts.

"I think there's more donors just fully committed to their candidate right now, saying I am all in, and once the nominee is set, I'll be there," McDaniel said.

Related Link: Political Ad Spending In 2024 Election To Smash Records

Why It's Important: Concerns over the amount of cash the Republican National Committee has could be escalated with Trump's call to cancel Republican primary debates to save money.

"RNC must save money on lowest ever ratings debates. Use it against the Democrats to STOP THE STEAL! If not, REVAMP THE RNC NOW!!!" Trump recently said.

Trump also expressed concerns that the RNC was ready to help with the 2024 election.

Increased concerns for the RNC also came after the party lost several key races and ballot initiatives in recent elections.

With a highly competitive 2024 election race expected between party frontrunners Trump and Biden, the low amount of cash the RNC has and lack of big donations could be worrisome. Trump was able to increase his war chest in recent quarters.

Read Next: Nikki Haley Gaining Support From Voters, Donors: Could Landing Mitt Romney's Former Senior Advisor Help?

Photo: Shutterstock

Continue Reading...

Popular
Ex-Colleagues Of Judge In Donald Trump's Hush-Money Case Say Former President Will Most Likely Face This Sentence

Ex-Colleagues Of Judge In Donald Trump's Hush-Money Case Say Former President Will Most Likely Face This Sentence

Former New York City judges weigh in on potential sentencing outcomes for former President Donald Trump.

Top 2 Utilities Stocks That May Rocket Higher In June

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

Following Historic Conviction, Donald Trump Is Facing More Criminal Charges With No Endgame In Sight

Following Historic Conviction, Donald Trump Is Facing More Criminal Charges With No Endgame In Sight

In a landmark legal battle, former President Donald Trump was convicted in New York last week, marking a significant moment as he faces other multiple charges across the U.S.

Donald Trump Ally Kari Lake Sparks Controversy With Speech In Front Of Confederate Flag: 'They Stole Our Government'

Donald Trump Ally Kari Lake Sparks Controversy With Speech In Front Of Confederate Flag: 'They Stole Our Government'

Republican Senate candidate Kari Lake sparks controversy by speaking in front of a Confederate flag, echoing debunked election fraud claims.

Breaking News: Elon Musk Invents New Type of A.I. - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.

Donald Trump Isn't A Convicted Felon Just Yet And Can Still Pursue These Options To Fight Damning Verdict, Says Yale Law Professor

Donald Trump Isn't A Convicted Felon Just Yet And Can Still Pursue These Options To Fight Damning Verdict, Says Yale Law Professor

A Yale Law professor suggested an alternative strategy for former President Donald Trump's legal team following his recent guilty verdict.

Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party

Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party

A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.

Where Buffett, Gates, and Bezos Are Investing Now - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Disneyland employee dies after falling from moving golf cart in theme park backstage

Disneyland employee dies after falling from moving golf cart in theme park backstage

ANAHEIM, Calif. (AP) — A Disneyland employee died after she fell from a moving golf cart in the backstage area of the Southern California theme park, authorities said Saturday.

Edward Snowden Says 'Bitcoin Fixes This' In Response To NYSE Trading Glitch That Sank Warren Buffett-Led Berkshire Hathaway Shares

Edward Snowden Says 'Bitcoin Fixes This' In Response To NYSE Trading Glitch That Sank Warren Buffett-Led Berkshire Hathaway Shares

Renowned whistleblower and privacy advocate Edward Snowden used the technical glitch that disrupted trading on the New York Stock Exchange to draw attention to the inherent advantages of cryptocurrencies, notably Bitcoin (CRYPTO: BTC).

Expert: The Most Important Message You'll See in 2024 - Ad

In short, America is being invaded...The invasion spreading across America is coming from the ports, highways, and railroads. AND it's being invited in by the White House. Many will be blindsided, but if you prepare today, you could come out far ahead.

From Trump's Possible Re-Election, Biden's Georgia Lead, To Michael Cohen's Family Being Doxxed: This Week In Politics

From Trump's Possible Re-Election, Biden's Georgia Lead, To Michael Cohen's Family Being Doxxed: This Week In Politics

Political news dominated by Trump and Biden, from inflation concerns to polls in Georgia. Experts weigh in on potential re-election and jail time.

As the need for copper rises, cable manufacturers recycle more

As the need for copper rises, cable manufacturers recycle more

MONTREAL (AP) — In an industrial suburb of Montreal, sheets of copper move along a conveyor belt suspended four stories above the floor of a foundry — a metals plant — until they drop into a lava-hot furnace. Next come pieces of discarded copper wire.

After Conviction, There Could Be More Bad News for Trump - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

Biden Administration Tightens Vehicle Fuel Mile Limits To Boost Electric Vehicle Market

Biden Administration Tightens Vehicle Fuel Mile Limits To Boost Electric Vehicle Market

The Biden administration has stiffened vehicle fuel mile standards as part of its plan to have emissions-free electric vehicles dominate America's automobile sector.

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Crypto researcher TradeTheFlow challenged the prevailing notion that summer is a dull period for cryptocurrency markets, particularly Bitcoin (CRYPTO:

This Billionaire's Final Masterpiece: "X-9840" - Ad

The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."

Toyota's Certification Crisis Extends Beyond Japan, Could Impact EU Operations

Toyota's Certification Crisis Extends Beyond Japan, Could Impact EU Operations

Toyota Motor Corp. faces severe implications worldwide after discrepancies in vehicle certifications breach United Nations standards, impacting operations across 62 countries including the EU.

Trump's company: New Jersey golf club liquor license probe doesn't apply to ex-president

Trump's company: New Jersey golf club liquor license probe doesn't apply to ex-president

ATLANTIC CITY, N.J. (AP) — Former president Donald Trump is not the holder of liquor licenses at his three New Jersey golf clubs, his company said Tuesday in response to an inquiry by the New Jersey attorney general's office into whether his convictions in a New York case might affect those licenses.

Don't Pay a Dime for Marc Lichtenfeld's Top AI Picks - Ad

Marc Lichtenfeld's has a brand-new "AI Income Playbook", absolutely FREE! Inside, you'll find Marc's favorite AI dividend stocks... Poised to profit from the fastest-growing technology in history... and pay you bigger and bigger cash dividends along the way! And it's all yours, free of charge.

Stocks Ease Ahead Of Wednesday's Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What's Driving Markets Tuesday?

Stocks Ease Ahead Of Wednesday's Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What's Driving Markets Tuesday?

Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.

Amazon invests $1.4 billion for affordable housing options in regions where it has corporate offices

Amazon invests $1.4 billion for affordable housing options in regions where it has corporate offices

NEW YORK (AP) — Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more in regions where the company has major corporate offices, CEO Andy Jassy announced Tuesday.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

Jim Cramer Sees Eli Lilly As More Than A 'One-Trick Pony' After FDA Advisors Back Its Alzheimer's Drug: 'It's Ultimately Headed To A Trillion Dollar Valuation'

Jim Cramer Sees Eli Lilly As More Than A 'One-Trick Pony' After FDA Advisors Back Its Alzheimer's Drug: 'It's Ultimately Headed To A Trillion Dollar Valuation'

Jim Cramer has expressed his confidence in Eli Lilly and Co, citing the company's diverse drug portfolio and the recent endorsement of its Alzheimer's treatment by FDA advisors.

What the new 'buy now, pay later' rule means for small businesses offering the service

What the new 'buy now, pay later' rule means for small businesses offering the service

NEW YORK (AP) — “Buy now, pay later” services are a popular way that shoppers pay for goods.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Federal appellate panel sends Michigan pipeline challenge to state court

Federal appellate panel sends Michigan pipeline challenge to state court

Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday.

In Burundi, shortages and power cuts slow a return from international isolation

In Burundi, shortages and power cuts slow a return from international isolation

BUJUMBURA, Burundi (AP) — Burundi seems to be running short of everything but patience.

America's 'Silent Invasion' - Is Your Town in the Crosshairs? - Ad

A silent invasion is happening all over America. It has nothing to do with the border but will end with even more disastrous results. Why? A faceless entity is coming by air, rail, port, and highway. What does it mean for you and your money? There's still time to prepare, but you must act today.

Over 1.2 million rechargeable lights are under recall for fire hazards, following one reported death

Over 1.2 million rechargeable lights are under recall for fire hazards, following one reported death

NEW YORK (AP) — More than 1.2 million rechargeable lights are under recall in the U.S. and Canada following a report of one consumer death.

Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot

Michigan couple, attorney announced as winners of $842.4 million Powerball jackpot

GRAND BLANC TOWNSHIP, Mich. (AP) — A mid-Michigan couple and a lawyer from the west side of the state were announced Tuesday as winners of an $842.4 million Powerball lottery jackpot from a ticket purchased on New Year's Day.

62 Lawmakers Are Shifting Their Money Into a Shocking New Trend - Ad

It's not artificial intelligence, electric vehicles, or cryptocurrencies. But it could have major implications for your financial situation before the end of the year.

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia's long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided.

Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses

Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses

NEW YORK (AP) — Thousands of delivery drivers filed legal claims against on Tuesday, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses.

A Silent Invasion of America - Ad

America's southern border is in chaos, but a more alarming invasion is occurring nationwide. This unprecedented event will reshape the country dramatically, equating to 300 years of change in just 24 months. I've discovered startling facts that every American must know before it's too late.

Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

DALLAS (AP) — The CEO of said Wednesday he will not resign in the face of pressure from that wants him fired and that his leadership team will produce its own plan to boost the airline's .

Why Is AMD Stock Trading Lower On Monday?

Why Is AMD Stock Trading Lower On Monday?

Morgan Stanley downgrades AMD due to high valuations and competition from Nvidia. However, analyst believes AMD will continue to gain market share.

Elon Musk's Crazy New Experiment...REVEALED - Ad

On January 28th of 2024... Elon Musk launched a crazy AI experiment involving a real human in California. Elon already invested $100 million of his own money into this AI project... Because he knows the profits here could be ridiculous.

American investor Martin Shkreli accused of copying and sharing one-of-a-kind Wu-Tang Clan album

American investor Martin Shkreli accused of copying and sharing one-of-a-kind Wu-Tang Clan album

NEW YORK (AP) — American investor Martin Shkreli is facing a new lawsuit for allegedly retaining and sharing recordings from a one-of-a-kind Wu-Tang Clan album that he was forced to sell following his 2017 conviction on .

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright priceactionea.net
Privacy Policy | Terms of Service