Gaetz Campaign’s Report of Vast Spending on Fees Is Scrutinized

Former Congressman Matt Gaetz’s campaign committee has reported spending millions of dollars on Stripe Inc.’s payment-processing services in recent years, though it now says that those funds ultimately went somewhere else — and campaign-finance watchers say that’s a problem.

During the 2024 election cycle, Gaetz’s principal campaign committee, Friends of Matt Gaetz, said in Federal Election Commission filings that it had paid a total of $1.2 million in “e-merchant fees” to Stripe, a San Francisco-based financial-services company. The sum is equivalent to about 19% of all contributions the campaign took in during the period, the filings show.

Such outlays far ...