A year later, no details on where Trump’s surplus inaugural funds went

Nearly a year after President Trump’s inauguration, the committee that raised a record $106.7 million for the event has not disclosed how much surplus money it still has or provided a final accounting of its finances.

…Presidential inaugural committees are private fundraising vehicles that pay for the concerts, balls and other festivities that surround the swearing-in.

…Adelson was among an array of wealthy individuals and corporate giants contributing to the celebrations, including the Bank of America, AT&T, Dow Chemical, Boeing and Quicken Loans.

…Fred Wertheimer, of the Democracy 21 watchdog group, said the committee, as a nonprofit, can’t legally convert any of the funds to personal use, such as paying legal expenses for Trump aides caught up in the special counsel and congressional probes into Russian involvement in the 2016 election.

…“It is alarming that you would potentially have at least $50 million left over and no sense of how it was spent.”

A year later, no details on where Trump’s surplus inaugural funds went

hmmmm

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