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J.D. Vance Won Trump’s Blessing, Now He’s Cashing In

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23.04.2022

When former President Donald Trump reluctantly tossed a lifeline last week to venture capitalist J.D. Vance’s struggling Senate campaign, he may have shaken up an already unstable primary field.

Now, one week later, that endorsement has already paid dividends.

In a Friday filing with the Federal Election Commission, J.D. Vance for Senate reported receiving more money this week than it had directly raised in the first three months of the year combined. The report comes on the heels of a $3.5 million super PAC injection from Vance’s billionaire backer Peter Thiel earlier this week.

A closer look, however, suggests the skies aren’t quite as clear as they may seem.

First, this is all relative to Vance’s meager overall fundraising rate. Over the first three months of the year, his campaign had directly raised $38,000, total. It drew another $270,000 from an affiliated committee, and ended March with a little more than $1.6 million on hand—an amount his top rivals Josh Mandel and Mike Gibbons each more than doubled.

But on Friday, exactly one week after snagging Trump’s late-game endorsement, Vance reported an injection of $88,652 in individual contributions. The money came in the form of a transfer from a group called Ohioans for JD, an official joint committee tied to the campaign.

The cash was spread among 50 donations of $1,000 or more. But because of nuances in Federal Election Commission filing requirements close to an election, the total transfer was likely much higher than that, including smaller dollar amounts that didn’t make the reporting cut.

The influx, less than two weeks out from the May 3 primary, is no doubt welcome in Vance’s camp. And on the surface, the report, along with a jump in the polls,........

© The Daily Beast


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