TV News LIES

Tuesday, Nov 29th

Last update04:56:35 AM GMT

You are here News Politics Trump faces potential fundraising problem as megadonors jump ship

Trump faces potential fundraising problem as megadonors jump ship

E-mail Print PDF

Trump losing donorsFormer President Trump could face a surprising problem as he mounts his 2024 campaign: a cash crunch as wealthy megadonors gravitate toward Florida Gov. Ron DeSantis (R) and other potential contenders.

A loyal army of small-dollar donors will power Trump’s presidential bid, potentially making up for the exodus of billionaire backers, but they’ve shown signs of scaling back their giving.

And while Trump’s political machine is starting off with a war chest of more than $110 million, federal law prevents him from using most of that money to advance his White House campaign.

Meanwhile, Trump’s political committees are shelling out huge sums on his legal defense, totals that only seem likely to rise after the Department of Justice on Friday appointed a special counsel to oversee probes into him.

More...

 

 


Most Recent Related Stories...


Mark Meadows ordered to testify in Trump investigation

Mark Meadows ordered to testify in SC election probe South Carolina’s Supreme Court has unanimously ordered former White House Chief of staff Mark Meadows to...

US courts ruling in favor of justice department turns legal tide on Trump

US Courts ruling against TrumpA spate of major court rulings rejecting claims of executive privilege and other arguments by Donald...

Oath Keepers Trial Verdict Reached In Biggest Jan. 6 Case To Date

Oath Keepers verdictsStewart Rhodes, founder of the right-wing Oath Keepers militia group, was convicted by a jury on...

Mitt Romney Brutally Assesses How Low Donald Trump Will Go

Mitt Romney Sen. Mitt Romney (R-Utah) measured the depths of Donald Trump’s audacity after the former president met...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!