The PAC can accept donations from an unlimited number of people and spend to benefit other candidates, allowing the president to retain influence in a party remade largely in his image.
President Trump has formed a so-called leadership political action committee, a federal fund-raising vehicle that will potentially let him retain his hold on the Republican Party even after he leaves office.
The move comes just days after the major news networks and newspapers, as well as The Associated Press, called the 2020 election for President-elect Joseph R. Biden Jr.
Such committees can accept donations of up to $5,000 per donor per year — far less than the donation limits for the 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. It could also accept donations from other political action committees. Continue reading.