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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow 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 isnt one of them. The most recently available public data shows that Trump sits on at least $113 million. To put that in perspective, thats more than the Republican National Committee ($41 million), the Democratic National Committee ($55 million), and President Joe Bidens authorized committees (total $7.2 million) all combined. Trumps current stash is likely much larger, as well explain, but a complete picture wont emerge until the next round of campaign filings come in later this month.
For a former president, Trumps 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 2020tapping donors dry just as the race hits the home stretch.
The full Trump money apparatus is so large and incestuous that his own team cant seem to make sense of it, as Pay Dirt reported last month. But at the center of that labyrinth are three main committees, which Trumps fundraisers configured to give the former president maximum control over a huge stream of the Republican Partys cash flow.
That overhaul wasnt just about moneyit may have been partly responsible for salvaging Trumps 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 Trumps 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
NJCher
(35,687 posts)1. like money can make him a not-guilty treasonist seditionist
He's got problems money can't solve.
Brainfodder
(6,423 posts)3. Money can't buy class or dignity either.
Thank goodness!
Faux pas
(14,681 posts)2. EFFER
Meadowoak
(5,551 posts)4. He can be President of cell block H.