Federal regulators have probed why former Rep. Devin Nunes — until recently CEO of Trump Media — has a whopping $14.5 million in campaign funds despite not running for office since 2020.
The Federal Election Commission reached out in April to Nunes’ mom, Toni Dian Nunes, who is also his campaign committee’s treasurer, for answers about her son’s stockpile. The amount is extraordinary for someone who is not a candidate or lawmaker and is rivaled by only a few in the House. Rep. Alexandria Ocasio-Cortez, one of Congress’ top fundraisers, reported on Thursday that her campaign has $15.9 million on hand.
The explanation, Nunes’ attorney told the FEC in a filing last month, is that the campaign “maintains the residual cash on hand for a potential future election.”