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Sunday, June 23, 2024 | Back issues
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Trump Shutting Down Fundraising Operations

(CN) - Republican presidential candidate Donald Trump has reportedly shut down his big-money fundraising operation, a move seen as potentially handcuffing the GOP's get-out-the-vote efforts on Election Day.

In an interview with The Washington Post on Tuesday, Steven Mnuchin, the national finance chairman for the Trump campaign, said Trump Victory, a joint fundraising committee the campaign shares with the Republican National Committee will hold no more fundraising events.

The campaign's last formal fundraiser with wealthy donors was Oct. 19 in Las Vegas, the day of the final presidential debate.

"We've kind of wound down," Mnuchin told the Post before hastening to add that the campaign's online fundraising "continues to be strong."

Meanwhile, Trump's Democratic rival, Hillary Clinton, is scheduled to headline her final big-money fundraiser Tuesday night in Miami.

However, the Post and other media outlets report the Clinton campaign has scheduled dozens of additional events featuring her daughter Chelsea, running mate Tim Kaine and others between now and Nov. 3.

Mnuchin said the decision to shut down the campaign's big-money fundraising effort was driven by a desire to keep Trump focused on making his case to the voters.

"Unlike Hillary, who has been fundraising and not out and about, he has constantly been out and about," Mnuchin said in the interview.

But the decision is problematic for Republicans lower down on the ticket, because the Republican National Committee has been spending much of its share of the Trump Victory dollars to pay for its national voter mobilization program.

On Tuesday, the RNC was largely mum on the Trump campaign's decision, saying only that it continues to fundraise for the entire GOP ticket.

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