Trump is using it to pay legal expenses, and all evidence indicates it's massively depleted. And that's before the latest indictment.
https://www.cnbc.com/2023/08/01/donald-trumps-100-million-pac-has-just-3point6-million-in-cash.html
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ17 | |
| 2 | Ṁ8 | |
| 3 | Ṁ6 | |
| 4 | Ṁ5 | |
| 5 | Ṁ4 |
Can you clarify? The linked article refers to Trump's Leadership PAC, Save America, which is not a Super PAC (which is why it can be used for legal fees). And what would "running out of money" mean? I can't find the exact rules, but it looks like they reported once for the entire first 6 months of the year. If that means it's semiannual, then they'll only report again on December 31.
Is this market only going to resolve YES if that final filing on the Save America Leadership PAC has a 0 in the ENDING CASH ON HAND line like at the bottom of this page where it says $3,650,886.61 ? https://www.fec.gov/data/committee/C00762591/
@wilsonkime I've seen it described incorrectly as a Super PAC before. fixed.
And yes for how it'll resolve. It'll also resolve YES if it's reported that it's out of money and can not handle basic expenses before the reporting, which is likely if that occurs. Otherwise this resolves NO at the end of the year.