TFG Sidelines Rivals, Keeps Cash by Playing Coy on 2024 [View all]
(Bloomberg) -- Former President Donald Trump frequently teases another presidential bid, without actually announcing, a strategy that leaves him with access to a $102 million war chest, an unrivaled haul that could scare off donors to other candidates and freeze the Republican 2024 race.
By not formally declaring, Trump is free to use money from his political action committees to act very much like a candidate without the restrictions that come with an announcement. His coyness keeps the focus on him and maintains his fundraising advantage over would-be rivals.
While he has spent a tiny fraction of that money on rallies and is planning travel to early voting states like Iowa, he has reported donating to very few of the Republican congressional candidates he has endorsed. Instead, the nine-figure bank account serves as a warning to would-be challengers of what they would have to raise to best him.
Even if his Save America political action committee, which holds most of the funds, gave to a Republican candidate in every Senate and House race in 2022, it would still have more than $85 million.
https://www.msn.com/en-us/news/politics/trump-sidelines-rivals-keeps-cash-by-playing-coy-on-2024-bid/ar-AAOd2K3
Of course he is.
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