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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
PoliticsDonald Trump

Trump campaign says the transfer of Biden’s $96m campaign war chest to Kamala Harris breaks the law

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Gregory Korte
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Bloomberg
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July 24, 2024, 4:51 AM ET
Donald Trump's campaign lawyer David Warrington, called the move “a brazen money grab that would constitute the single largest excessive contribution and biggest violation in the history of the Federal Election Campaign Act."
Donald Trump's campaign lawyer David Warrington, called the move “a brazen money grab that would constitute the single largest excessive contribution and biggest violation in the history of the Federal Election Campaign Act."Bill Pugliano—Getty Images

Donald Trump’s presidential campaign has filed a complaint with the Federal Election Commission claiming that the transfer of Joe Biden’s $96 million campaign war chest to Kamala Harris violates the law.

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David Warrington, a lawyer for the Trump campaign, called the move “a brazen money grab that would constitute the single largest excessive contribution and biggest violation in the history of the Federal Election Campaign Act,” according to the complaint, a copy of which was seen by Bloomberg News. 

Shortly after Biden dropped out of the race on Sunday and anointed Harris as his preferred successor, she changed the name of his campaign committee to Harris for President and took stewardship of its bank accounts. Her campaign said it’s since raised more than $100 million in additional funds.

The legal question is a novel one, but many campaign finance experts say the transfer is probably allowed. Steve Roberts, a lawyer who has represented GOP candidates, has said the argument against it was “maybe wishful thinking” by his Republican colleagues.

The Harris campaign said the complaint would have no impact on its fundraising or spending. 

“Republicans may be jealous that Democrats are energized to defeat Donald Trump and his MAGA allies, but baseless legal claims – like the ones they’ve made for years to try to suppress votes and steal elections – will only distract them while we sign up volunteers, talk to voters, and win this election,” said Harris campaign spokesman Charles Kretchmer Lutvak.

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