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Crime Syndicate: TRUMPs SECRET Dark Money Transition on Donations Provokes Alarm
TRUMPs SECRET Dark Money Transition Team on Donations Provoking Alarm
Trumps refusal to sign an agreement with Bidens administration that imposes strict limits on fund-raising in exchange for up to $7.2MIL in FED funds earmarked for transition makes him first president-elect to sidestep the restrictions
MSNRAW 25 NOV 2024
The Times Reports:
The current Trump transition, like its predecessors, is set up as a 'dark money' nonprofit. Those groups typically do not have to disclose their donors, even to the Internal Revenue Service. But unlike Mr. Trumps team this year, earlier transitions accepted financial support from the General Services Administration, which oversees much of the transition process.
In exchange for that federal money, they agreed to conditions that other dark-money nonprofits do not have to follow, like capping individual contributions at $5,000 and disclosing the names of their donors.
Although Trump Education Secretary nominee Linda McMahon and Commerce Secretary Howard Lutnick both of whom helm the MAGA transition team claim the president-elect will sign the agreements, "Trumps transition team, formally known as Trump Vance 2025 Transition Inc., has revealed nothing about how much money it hopes to raise, who has contributed to the fund or how it is spending the money," the Times reports.
When the money isnt disclosed, its not clear how much everybody is giving, who is giving it and what they are getting in return for their donations," said Heath Brown, a professor of public policy at John Jay College of Criminal Justice public policy Professor Heath Brown. "Its an area where the vast majority of Americans would agree that they want to know who is paying that bill."
READ MORE: How GOP lawmakers are 'privately' pushing back on full Trump House takeover: report
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