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Celerity

(43,416 posts)
Thu Jul 7, 2022, 04:31 PM Jul 2022

How Donald Trump Is Already Running for President

He may not have officially announced yet, but make no mistake: Donald's money machine is in mid-campaign form.

https://www.thedailybeast.com/how-donald-trump-is-already-running-for-president



Many things might stand in the way of ex-President Donald Trump announcing his 2024 candidacy early, but money isn’t one of them. The most recently available public data shows that Trump sits on at least $113 million. To put that in perspective, that’s more than the Republican National Committee ($41 million), the Democratic National Committee ($55 million), and President Joe Biden’s authorized committees (total $7.2 million) — all combined. Trump’s current stash is likely much larger, as we’ll explain, but a complete picture won’t emerge until the next round of campaign filings come in later this month.

For a former president, Trump’s fundraising operation has been unprecedented in modern memory. As will be his all but inevitable plunge back into the pool, the third consecutive run for an elected president. But that operation must work within regulatory constraints, and by forcing the issue early, Trump risks repeating a mistake he made in 2020—tapping donors dry just as the race hits the home stretch.

The full Trump money apparatus is so large and incestuous that his own team can’t seem to make sense of it, as Pay Dirt reported last month. But at the center of that labyrinth are three main committees, which Trump’s fundraisers configured to give the former president maximum control over a huge stream of the Republican Party’s cash flow.

That overhaul wasn’t just about money—it may have been partly responsible for salvaging Trump’s standing within the GOP. The operation kicked in just weeks after Trump left office, while the GOP was trying to gather itself after the tumult of Jan. 6 and impeachment, and many party leaders were quietly looking elsewhere for leadership. But Trump’s quick financial moves gave him some leverage over the party that he desperately needed at the time.

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How Donald Trump Is Already Running for President (Original Post) Celerity Jul 2022 OP
like money can make him a not-guilty treasonist seditionist NJCher Jul 2022 #1
Money can't buy class or dignity either. Brainfodder Jul 2022 #3
EFFER Faux pas Jul 2022 #2
He can be President of cell block H. Meadowoak Jul 2022 #4
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