Last week, Republican presidential candidate Trump (Donald Trump) raised $15 million in donations with the help of Wall Street big shots during an online event.
On Friday, billionaire Howard Lutnick posted on social media that a fundraising event was held at his home on the 2nd, attracting 130 supporters. He mentioned that Trump answered attendees’ questions and discussed a series of issues affecting the United States. The fundraising goal of this event was $10 million.
Lutnick is the CEO of the well-known American financial services company Cantor Fitzgerald LP.
The hosts of this fundraising event were former hedge fund manager John Paulson and Omeed Malik, the head of 1789 Capital.
Lutnick and Paulson are considered candidates for cabinet positions in Trump’s potential second term.
Trump is also planning to attend two large fundraising events this weekend. He plans to visit Colorado’s Aspen for an event hosted by CEOs from Steel Partner Holdings LP, MDC Holdings Inc., and Rugger Management LLC. He also plans to attend a donor reception in Jackson Hole, Wyoming.
Since President Joe Biden withdrew from the Democratic presidential race, his replacement, Vice President Kamala Harris, has quickly attracted major donors. She raised $36 million after announcing Minnesota Governor Tim Walz as her running mate on Tuesday.
Harris’s campaign team recently announced that they raised a record-breaking $310 million in July, bringing their cash on hand to $377 million. Meanwhile, Trump’s campaign team reported raising $138 million, with $327 million in cash on hand.
Trump’s fundraising surpassed Biden’s in the second quarter, with his fundraising exceeding Biden’s by about $45 million by July.
Harris is set to attend a large fundraising event in San Francisco on Sunday. According to her spokesperson, leading Democratic donors and venture capitalist Reid Hoffman are expected to attend the event.
Trump and Harris will participate in a presidential debate on ABC TV on September 10th. President Biden chose to withdraw after a poor performance in the first presidential debate at the end of June, which led to a drop in popularity.
(Parts of this article were referenced from Bloomberg’s report)