Donald Trump
President Donald Trump speaks during the Inaugural Law Enforcement Officers and First Responders Reception in the Blue Room of the White House in Washington, Jan. 22, 2017. REUTERS/Joshua Roberts

On Friday — the day Donald Trump swore in as the 45th president of the U.S. — his campaign committee authorized two joint committees to raise funds for his 2020 presidential bid. Trump, however, said that the paperwork was not a formal announcement of his candidacy for the 2020 election.

The Donald J. Trump For President Committee filed an amendment to their statement with the Federal Election Commission on Friday afternoon, stating that it supported Trump and Vice President Michael Pence. It also authorized two joint fundraising committees — Trump Victory and Trump Make America Great Again.

In a letter to the commission on the same day, Trump said that while he had reached the $5,000 mark required to file an official statement of candidacy, the paperwork “does not constitute a formal announcement of my candidacy for the 2020 election.”

Earlier this month, Trump’s team announced the 70-year-old he would keep his presidential campaign committee alive. Trump’s former deputy campaign manager Michael Glassner, along with Arizona deputy treasurer Sean Dollman and John Pence (Pence’s nephew), will reportedly head the committee. The group is planning to concentrate on fundraising and building data for the newly sworn-in president’s possible re-election in 2020, and will coordinate with the Republican National Committee.

Politico, citing a source, reported on Jan. 10 that Trump will maintain a joint fundraising agreement with the RNC that would allow contributors to pour in money to an account that will benefit his campaign and the committee.