CEO Morning Brief

Trump Files Complaint Over Harris Getting Biden’s US$96m War Chest

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Publish date: Thu, 25 Jul 2024, 09:38 PM
TheEdge CEO Morning Brief

(July 24): Donald Trump’s presidential campaign has filed a complaint with the US Federal Election Commission claiming that the transfer of President Joe Biden’s US$96 million (RM448.80 million) campaign war chest to Kamala Harris violates the law.

David Warrington, a lawyer for the Trump campaign, called the move “a brazen money grab that would constitute the single largest excessive contribution and biggest violation in the history of the Federal Election Campaign Act”, according to the complaint, a copy of which was seen by Bloomberg News.

Shortly after Biden dropped out of the race on Sunday and anointed Harris as his preferred successor, she changed the name of his campaign committee to 'Harris for President' and took stewardship of its bank accounts. Her campaign said it had since raised more than US$100 million in additional funds.

The legal question is a novel one, but many campaign finance experts say the transfer is probably allowed. Steve Roberts, a lawyer who has represented GOP candidates, has said the argument against it was “maybe wishful thinking” by his Republican colleagues.

The Harris campaign said the complaint would have no impact on its fundraising or spending.

“Republicans may be jealous that Democrats are energised to defeat Donald Trump and his MAGA (Make America Great Again) allies, but baseless legal claims — like the ones they have made for years to try to suppress votes and steal elections — will only distract them while we sign up volunteers, talk to voters, and win this election,” said Harris campaign spokesman Charles Kretchmer Lutvak.

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Source: TheEdge - 25 Jul 2024

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