President Trump plans to form a so-called Leadership Political Action Committee, a federal fundraising vehicle that will potentially allow him to retain his grip on the Republican Party even when he is removed from office, said Monday officials.
The announcement is expected as early as this week, just days after major news networks and newspapers, as well as the Associated Press, triggered the 2020 election for former Vice President Joseph R. Biden Jr. .
The PAC would almost certainly be a means by which Mr. Trump could maintain his influence in a party that has been largely remade in his image over the past four years.
These committees can accept donations of up to $ 5,000 per donor per year – far less than the limits of committees formed by Mr. Trump’s campaign and the Republican National Committee.
But a leadership PAC could accept donations from an unlimited number of people and accept donations from other political action committees. And he could spend an unlimited amount on so-called independent expenses for the benefit of other candidates, as well as fund travel, surveys and consultants.