President Trump Donald John TrumpFederal prosecutor speaks out, says Barr 'has brought shame' on Justice Dept. Former Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick MORE’s reelection campaign on Tuesday began fundraising off House Speaker Nancy Pelosi Nancy PelosiDemocratic senator to party: 'A little message discipline wouldn't kill us' Overnight Health Care: New wave of COVID-19 cases builds in US | Florida to lift all coronavirus restrictions on restaurants, bars | Trump stirs questions with 0 drug coupon plan Overnight Defense: Appeals court revives House lawsuit against military funding for border wall | Dems push for limits on transferring military gear to police | Lawmakers ask for IG probe into Pentagon's use of COVID-19 funds MORE’s (D-Calif.) announcement that the House will launch a formal impeachment inquiry into the president.

“To fight back, President Trump is launching the Official Impeachment Defense Task Force,” the campaign wrote in an email to supporters. “This task force will be made up of only President Trump’s most LOYAL supporters.”

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The email asks donors to contribute $45 or “your best amount” to join the task force, noting that all donations will be double matched.

Though Trump is embroiled in a burgeoning scandal regarding his conversations with Ukrainian President Volodymyr Zelensky, his reelection campaign views impeachment as a possible political winner, hoping that Democrats’ efforts to oust the president will unify his conservative base and attract moderate voters who are turned off by the House’s efforts.

"If [Pelosi] does that, they all say that's a positive for me in the election," Trump said Tuesday. "You could also say who needs it. It's bad for the country."

Pelosi announced the formal impeachment hearing Tuesday amid an avalanche of new calls for Trump's ouster over concerns that he leveraged military aid to Ukraine to pressure Kiev to open an investigation of former Vice President Joe Biden Joe BidenFormer Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick Bloomberg rolls out M ad buy to boost Biden in Florida MORE, his chief political rival, and Biden's son Hunter Biden.

“Our republic endures because of the wisdom of our Constitution enshrined in three coequal branches that act as checks and balances,” Pelosi said. “The president must be held accountable. No one is above the law.”

Trump has acknowledged that he brought up Joe Biden in his call with Zelensky in July and that he cut off aid to Ukraine days before the call. However, he has maintained that there was no quid pro quo discussed during their conversation.

Republicans have long accused Joe Biden of abusing his power during his time as vice president when he pushed for the dismissal of a Ukrainian prosecutor who was investigating a natural gas company owned by a Ukrainian oligarch whose board members included Hunter Biden. No evidence has emerged that Joe Biden was acting to protect his son.