Donald Trump Scheduled to Attend Political Fundraiser at Kentucky Derby
Former President Donald Trump is expected to give ear a high-dollar fundraiser his super PAC is hosting at Winston S. Churchill Downs on Bluegrass State Derby Day.
Maggie Haberman of The New York Times reported the news on Thursday afternoon on Twitter, posting constituent of an invitation from “Make America Great Again, Again!” It showed the 45th President of the United States listed as the special invitee for the May 7 case at the Louisville track.
The cost to pay heed is $75,000 per person, or $150,000 per couple.
Additional details, such as the time of the event, its exact location at the track, or whether it includes a just the ticket to the race, are unknown. The invitation says attendees would invite additional details after they urinate their reservations.
Trump is go under to come along a fundraiser his super PAC is holding at the KY Derby, inward McConnell’s res publica pic.twitter.com/2tYc7r8E6x
— Maggie Haberman (@maggieNYT) April 21, 2022
Super PACs, unawares for political activity committees, differ from habitue PACs inward that the federal administration does non bound the amount of money they find from individuals or organizations. While steady PACs can buoy lead to political prospect campaigns, super PACs can’t. However, they tin can usage their money, as Open Secrets notes, “to overtly proponent for or against political candidates” through television commercials, mailers, and other promotional material.
Super PACs also cannot coordinate their activities with candidates who do good from them.
Kentucky Derby a Star-Studded Affair
Every year, the Kentucky Derby attracts a slew of celebrities, politicians, lead athletes, and other famous people. Many of those individuals will watch the race from the track’s Millionaire’s Row, an indoor country with an adjacent three-tier balcony that lets people keep an eye on horses as they rush across the track.
Every year, many high-profile individuals prefer to advert the Kentucky Derby, including prominent political figures,” Churchill Downs Inc. said inwards a financial statement Th nighttime to Casino.org. “We get along non commentary on or support the attending of item-by-item guests or those holding common soldier events non coordinated by John Churchill Downs.”
Trump has previously tended to(p) the Derby. In 1999, he attended the Derby with his then-girlfriend, Melania Knauss, who would later get hitched with him and suit the First Lady.
High Political Stakes Nationally
This twelvemonth is a huge political twelvemonth on the national level. With midterm elections for the House of Representatives and a third of the Senate seats on the ballot, Republicans go for to make verify of at least one chamber, if non both.
Currently, at PredictIt, traders are confident the GOP testament read rear the House. As of early Fri afternoon, shares for the Republicans to win a majority inwards November were trading at 86 cents, piece shares for Democrats were at 15 cents.
Shares for Republicans holding both the House and Senate were at 74 cents, patch shares for a GOP House and Democratic Senate were at 17 cents. Shares for Democrats to hold on to both chambers were available for 11 cents.
Shareholders of the winning outcome will receive $1 per share.
If Trump tin help acquire Republican River candidates he supports into United States Congress and aid the party win back up both chambers, it likely strengthens his paw for the GOP presidential nomination. However, a poor showing past his picks may open up the door for another Republican candidate.
Whether or not he can buoy win inwards November 2024 remains to be seen. Currently, PredictIt traders feature him as a cold-shoulder favorite. His shares are trading at 28 cents as of Friday afternoon. Everglade State Republican Gov. Bokkos DeSantis is next, with his shares valued at 24 cents.
President Biden, meanwhile, currently trades at 22 cents per share.