President Trump speaks on one on Monday evening $ 1.5 million-per-head fundraiser For his Maga Inc. Super Pac at the Trump National Golf Club in Virginia.
The dinner “Crypto and AI Innovators” is the newest in a series of high dollars fundrapers that Maga Inc. has held in recent weeks.
Maga Inc. has raised more than $ 400 million during 2023 and 2024but still has to report totals in 2025. Three quarters of his money has been spent against DemocratsBut it also spends against Republicans. The resources of the Super Pac serve as a threat to Republicans who are against Mr Trump’s agenda.
This is what we know about the event:
Who is going to be there?
In addition to Mr. Trump, the speakers are David O. Sacks, the so -called Tsar of the administration for AI and Crypto. Mr. Sacks is also an ally of Elon Musk.
The event is on the public schedule of Mr Trump, but it is closed for the press and few other details have been provided.
A representative of the PAC did not respond to requests for comments.
Does this mean that President Trump is looking for a third term?
No. The money raised can be used to strengthen the campaigns of candidates that Mr Trump supports in the interim elections of 2026, or to try to derail those he resists.
Yet Mr. Trump and his supporters repeatedly increased the idea of another campaign. Hats “Trump 2028” are for sale; Some are looking for a change in the Constitution to allow a third term; And Mr. Trump repeatedly suggested that he could run again.
However, Mr. Trump recently Proposed vice -president JD Vance or State Secretary Marco Rubio could follow him.
Who donated to the Maga Inc. Super Pac?
Rich and influential business people who approve Mr Trump’s agenda are among the best donors of the PAC.
Timothy Mellon, a rich banking and railroad magnate“ Only gave $ 150 million.
Three people who would become a member of the government of Mr. Trump also gave great amounts to the PAC.
Before they were appointed as their posts, Kelly Loeffler, the head of the Small Business Administration, gave almost $ 2 million; Howard Lutnick, the secretary of the trade, donated almost $ 9 million; And Linda McMahon, the education secretary, gave more than $ 20 million.
Why does the President Crypto donors court? Did he not say that Bitcoin was a ‘scam’?
Yes, but Mr. Trump has changed his position because his family wants to make a profit on cryptocurrencies.
Mr. Trump once said that the most famous cryptocurrency, Bitcoin, “seemed like a scam” and argued that it was a rival of the dollar, which he said he wanted to become strong.
But during his 2024 campaign, Mr Trump found a common cause with crypto investors. Since then he has promised to be the ‘first crypto president’ of America and has signed an executive order to promote the growth of industry.
The oldest sons of the president, Donald Jr. and Eric, are now involved in two Cryptocurrency companies based In the United States.
Mr. Trump himself will be involved in a second event in search of money from the crypto community this month.
Investors in a company called the $ Trump Memecoin offer to become the top 220 owners of the collectible coin and win dinner With the president on May 22.
That movement has expressed some ethical concerns.
Mr. Trump was asked during an interview on NBC’s “Meet the Press” or he benefited the presidency through cryptocurrencies.
“I don’t benefit from anything,” said Mr. Trump.
But when the host Kristen pressed him again, the president replied: “If I own somewhere, and I do it well and the stock market goes up, I think I will benefit.”
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