Fredreka Schouten

USA TODAY

Note: This post has been updated

WASHINGTON — Republican presidential nominee Donald Trump is scaling back his participation in big-dollar fundraising in the final stretch to Election Day, a top aide said Tuesday.

The New York businessman instead will turn his attention to political events, Trump finance chairman Steve Mnuchin said.

"We're continuing to raise money," Mnuchin told USA TODAY. "We're no longer doing formal, sit-down fundraisers the way we did in the past. Our focus is on political."

The Washington Post first reported that Trump's high-dollar fundraising had come to an end with a luncheon last week in Las Vegas. Those events have helped fill the coffers of a joint fundraising committee, Trump Victory, Trump established with the Republican National Committee and helps pay for staff and other ground operations to push Trump and other downballot Republicans.

Mnuchin said the goal is not to cut off the party. "We couldn't be happier with the fundraising with the RNC," he said.

Trump aides and fundraising officials said that even if Trump doesn't appear at events, the campaign money will continue to flow as his surrogates press ahead with efforts to collect political cash for him and the party.

"All fundraising, large and small including our Victory effort, will continue through the end of the election," said Jason Miller, a Trump spokesman.

Clinton was scheduled to attend her final fundraiser Tuesday night at the home of South Florida businessman Chris Korge, but The Post notes that many of her surrogates will continue to appear at high-dollar events in the weeks ahead.

Clinton's vice president nominee Tim Kaine attended several fundraisers Tuesday in Connecticut and New York.

It's not unusual for candidates to shift their time away from fundraising in the final weeks of the campaign.