President Trump will set up a so-called leadership PAC that will allow him to fundraise and maintain his hold on the Republican Party even after he departs the White House. Leadership committees, a common vehicle for many politicians, are allowed by law to accept contributions up to $5,000 per year per donor. Leadership PACs can spend unlimited amounts of money to help other candidates. And the money they raise can also be used for pay for travel, consultants and staff, and polling. Word of the PAC was first reported by the New York Times and confirmed by Fox News.

Source: Fox News November 10, 2020 15:00 UTC