Oil Executives Fuel Trump’s $40 Million Texas Fundraising Haul
- Ken Paxton drew Trump’s praise at Houston event in posh hotel
- Trump’s relationship with industry under congressional probe
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Donald Trump raised $40 million from oil executives and other deep-pocketed donors in Texas, marking Wednesday’s haul as one of the most profitable days for the presumptive Republican nominee seeking to close a fundraising gap with President Joe Biden.
The one-day cash raise from events in Houston and Dallas, described by people familiar with the events, comes as Trump directly appeals to the oil industry for support in his presidential bid with promises to dial back environmental regulations, which are drawing congressional scrutiny.