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Trump Announces He Is Entering 2022 With $122 Million in the Bank

Donald J. Trump’s political operation announced on Monday that it had raised more than $51 million in the second half of 2021 as the former president continued to dominate the Republican fund-raising landscape in his first year out of the White House.

Mr. Trump’s overall war chest entering 2022 stood at $122 million — more than double the cash on hand of the Republican National Committee itself — as he continued to solicit his online supporters with the same pace and intensity of the heat of the campaign.

The huge sum gives Mr. Trump an invaluable head start should he run for the White House again, as he has repeatedly suggested is his intention. Mr. Trump’s team announced it processed more than 1.6 million donations in the last six months of 2021, with an average contribution of $31.

While those funds are stored in federal accounts that legally cannot be spent on a presidential run, loose rules allow him to fully fund his political operation for now, including paying for rallies and even television ads.

Mr. Trump remains, by far, the most popular Republican among Republican voters, but his lead against hypothetical challengers in 2024, in particular Gov. Ron DeSantis of Florida, has narrowed in recent months as he faces fresh challenges to his role as the party’s undisputed leader.

How Donald J. Trump Still Looms

  • Grip on G.O.P.: Mr. Trump remains the most powerful figure in the Republican Party. However, there are signs his control is loosening.
  • Trump vs. DeSantis: Tensions between the ex-president and Florida governor show the challenge confronting the G.O.P. in 2022.
  • Midterms Effect: Mr. Trump has become a party kingmaker, but his involvement in state races worries many Republicans.
  • Just the Beginning: For many Trump supporters who marched on Jan. 6, the day was not a disgraced insurrection but the start of a movement.

The announced sum means that Mr. Trump’s fund-raising pace did slow compared to the first half of the year, when he raised $56 million online. Mr. Trump raised less in the last six months of the year, even though he did not actively raise money for most of January and February of 2021. He had paused sending out requests for cash after the riot at the Capitol.

Ahead of the 2022 midterm elections, Mr. Trump has already endorsed roughly 100 candidates nationwide, from those making runs for seats ranging from state legislators to secretaries of state to United States senators. He also gave away some of his funds, cutting checks to candidates he has endorsed. Those checks have often come with letters that candidates often proudly post to social media.

All told, his team said he had made $1.35 million in contributions to candidates whom he has endorsed and to “like-minded causes.”

Taylor Budowich, a spokesman for Mr. Trump, said the fund-raising figures would not just impact the midterms but also the election of 2024, when Mr. Trump has suggested he may again run for president.

“President Trump is incredibly well positioned to look beyond November as the need for his leadership has never been more important,” Mr. Budowich said in a statement.

Mr. Trump’s various political committees must file disclosures covering the last six months of 2021 by midnight on Monday.

In addition to his own political committees, Mr. Trump has raised funds for an allied super PAC called Make America Great Again, Again! Inc. In December, he held a small dinner for super PAC donors at his private Florida club, Mar-a-Lago. Seats were set at $125,000 per person, or $250,000 for a couple.

Donors who gave $250,000 to the Trump super PAC included Jose Fanjul, the sugar businessman; Saul Fox, a private equity investor; and Dianne Hendricks, who became a billionaire selling housing material.

The super PAC ended 2021 with $9.5 million in the bank. It reported spending $1,438.40 at Mar-a-Lago in December, plus $10,105.09 at Mr. Trump’s Palm Beach golf club.

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