Oil Executives Fuel Trump’s $40 Million Texas Fundraising Haul

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.

Donald Trump

Photographer: Cooper Neill/Bloomberg

Trump first met with donors at Houston’s posh Post Oak Hotel — a 700,000 square-foot ...