President Donald Trump already has more than $7 million tucked away for his 2020 reelection bid, The Washington Post reports.
The money comes from small donors who have continued to give financial support even after his election victory, according to the Post, which reviewed Federal Election Commission filings.
The Trump campaign committee, which started the year debt-free, has pushed for donations to use in the next campaign. It has already stockpiled $7.6 million, as of Dec. 31, the newspaper said. And donations are believed to have continued to swell since then.
Substantial expenses were paid by the Trump campaign in the final month of 2016, the Post noted.
More than $413,000 was directed by the Trump campaign and the Republican Party to Trump properties or family members, the Post said.
The Trump company receiving the largest amount last month was Trump Tower, the Post reported. It was paid more about $130,000 for rent. That figure was down from September and October, when the campaign spent nearly $170,000 to rent space in the tower, according to the paper.
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