Republican National Committee Obscured How Much It Pays Its Chief of Staff
Source: ProPublica
Amid the record-breaking flows of cash, the RNC is giving lucrative consulting work to a select group of political operatives with Trump campaign ties.
Richard Walters began his career at the lowest rungs of the Republican National Committee when he was 23. Now, at 30, hes the RNC chief of staff, earning far more than any other official there, including his boss, the chairwoman, and the top officials at the Democratic National Committee.
The rich compensation might have raised eyebrows but for the fact that the RNC obscured it. Last year, Walters earned a salary of $207,558, but the party paid him an additional $135,000 through a shell company he established in December 2018 called Red Wave Strategies.
Federal Election Commission reports described the RNCs payments to Red Wave as political strategy services, as if the money had flowed to an independent contractor and not Walters himself. Red Wave does not have other employees and has no clients other than the RNC.
President Donald Trump and the Republican Party are raising unprecedented sums of cash for the 2020 election. The party brought in more than $241 million alone in 2019, far exceeding the $107 million the RNC raised in 2003, the last time there was a Republican president seeking reelection, and eclipsing the $92 million raised last year by the Democratic National Committee. The RNC spent record-breaking sums, too: In 2019, the party doled out $192 million.
Read more: https://www.propublica.org/article/republican-national-committee-obscured-how-much-it-pays-its-chief-of-staff?utm_content=bufferd1cd5&utm_medium=social&utm_source=twitter&utm_campaign=ProPublica+Main+
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jimfields33
(15,978 posts)But if hes doing his job, I guess they can use that excuse.
LiberalFighter
(51,104 posts)cstanleytech
(26,322 posts)are the questions I would ask.
Andy823
(11,495 posts)trump knows how to game the system, and I am pretty sure the will end up with millions being put back into trump businesses.
I think he is going to try and get as much money as he can because he is not really sure he can win in November. Call it a "retirement" account paid for by all the suckers that donate to the Republican Party.
ancianita
(36,137 posts)That war chest can buy its way to 270.