#New Trend Trump's Future: Tons of Cash and Plenty of Options for Spending It

in news •  4 years ago 

Donald J. Trump is leaving the White House as a private citizen next month perched on a pile of campaign cash unheard of for an outgoing president and with few legal limits on how he can spend it.

Deflated by a loss he has yet to acknowledge, Trump has cushioned the blow by persuading huge sums of money from his loyal supporters, often on dubious pretexts, raising roughly $ 250 million since Election Day alongside the national party.

More than $ 60 million of that sum went to a new political action committee, according to people familiar with the matter, which Trump will control after he leaves office. Those funds, which far exceed what previous outgoing presidents had at their disposal, give you tremendous flexibility for your post-presidential ambitions: You could use the money to quell rogue factions within the party, reward loyalists, fund your travels, and rallies, hiring staff, paying legal bills, and even laying the foundation for a far-from-certain career in 2024.

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