The Democrat National Committee (DNC) is running out of money.
Some of the sources for their contributions have disappeared. It is estimated that annually $15 billion per year was laundered from USAID to non-profits and NGOs controlled by the Democrats.
This funded the lifestyles of thousands of left wing activists with salaries of $200,000 to $500,000. In turn, they would regularly make donations of thousands of dollars to Democrats in order to keep the fraud flowing.
Now that Trump and DOGE have ended that scam, this is starting to show up in Democrat fundraising numbers. Tens of thousands of their activist donors have lost their jobs which were funded by USAID.
The Democrat National Committee (DNC) is running out of money.
Some of the sources for their contributions have disappeared. It is estimated that annually $15 billion per year was laundered from USAID to non-profits and NGOs controlled by the Democrats.
This funded the… pic.twitter.com/DPz7Mqqbsz
— Wall Street Mav (@WallStreetMav) June 18, 2025
Just months into the tenure of a new party leader, Ken Martin, the Democratic National Committee’s financial situation has grown so bleak that top officials have discussed whether they might need to borrow money this year to keep paying the bills.
Fund-raising from major donors — some of whom Mr. Martin has still not spoken with — has slowed sharply. At the same time, he has expanded the party’s financial commitments to every state, and even to far-flung territories like Guam.
(…) In an interview on Tuesday, Mr. Martin acknowledged that his early efforts to rebuild the party had been “overshadowed by some of this inside baseball stuff.” But he said he was bringing about meaningful change, pointing to increased investments in all 57 state parties, including the territories and Washington, D.C. He also noted that the D.N.C. was helping organize more than 100 town halls in Republican districts, carrying out an extensive 2024 postmortem and creating a war room to counter President Trump.
“I know there’s a lot of people that are carrying grudges, that are still litigating the campaign that their person didn’t win,” Mr. Martin said. “I am not one of those people. There’s no sense of living in the past. I have no enemies other than Donald Trump and the Republican Party.”
Six people briefed on the party’s fund-raising, who spoke on the condition of anonymity to discuss its finances frankly, said big donors — who are an essential part of the party’s funding — had been very slow to give to the party this year as Mr. Martin solicits contributions. His commitment to state parties, which amounts to $1 million in monthly spending, has further strained the finances.
Senior D.N.C. officials have discussed the possibility of borrowing money in the coming months to keep the operations fully funded, according to two people with direct knowledge of the private discussions who insisted on anonymity. (Read more: New York Times, 6/18/2025)