Matt Gaetz's campaign bleeding money as FBI investigation continues: report

On Monday, Florida Politics reported that Rep. Matt Gaetz (R-FL) is hemorrhaging campaign money ahead of the 2022 election, as he continues to face scrutiny in a federal sex trafficking investigation.

"Donations for the quarter included $495,910 in individual donations, and the Congressman pretty much swore off PAC money last year. In the cycle to date, he has pulled in an impressive $4.26 million in contributions from people across the country," reported Jacob Ogles. "But donations took a significant decline after news of a still-unresolved sex scandal. Gaetz raised $1.83 million in the first quarter of the year, when he spent $1.35 million. Then in the second quarter, he raised $1.46 million, but burned through $1.95 million. That means in total, he pulled in $3.8 million since the dawn of 2021, but has spent $3.92 million."

Gaetz has been under investigation for months, in connection with a county tax official, Joel Greenberg, with whom he allegedly paid to transport a teenage girl over state lines. The identity of this girl has not been revealed, and Gaetz denies any of this happened.

There is currently no indication that Gaetz is a criminal target of federal prosecutors, although the DOJ has recently added two high-profile investigators to the probe. Embroiled in the controversy, Gaetz has allowed his law license to lapse.