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Gaetz's fundraising dips as sex trafficking investigation intensifies
WILL STEAKIN and SOO RIN KIMWed, February 2, 2022, 4:00 AM·4 min read
As the federal investigation into possible sex trafficking allegations against Rep. Matt Gaetz continues, his campaign's fundraising has been dwindling.
In its latest campaign finance disclosure filed on Monday, the Gaetz campaign reported raising $534,000 in the final three months of last year -- a major drop from the $1.8 million he raised in the first three months of the year, fresh off the 2020 election.
Overall, Gaetz's fundraising has been gradually slowing down, dropping to $1.4 million in the second quarter and then to $527,000 in the third quarter.
A dip in fundraising between election years isn't uncommon, and some of Gaetz's GOP colleagues, like Rep. Marjorie Taylor Greene, saw a similar slowdown in fundraising from their earlier hauls. A joint fundraising operation between Gaetz and Greene also reported bringing in only $19,000 in the final quarter of 2021, compared to the nearly $360,000 it raised in the second quarter.
Meanwhile, as the sex trafficking investigation unfolded over the past year, disclosure records show that the Gaetz campaign's legal bills rose significantly.
Gaetz's fundraising dips as sex trafficking investigation intensifies
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