Trump’s fundrais­ing woes run deep as legal trou­bles drain cof­fers

Trump’s fundraising woes run deep as legal troubles drain coffers

In his third bid for the White House, for­mer Pres­i­dent Don­ald Trump is once again at a finan­cial dis­ad­van­tage against his Demo­c­ra­t­ic opponent.Trump’s ensu­ing legal prob­lems, which could cost him hun­dreds of mil­lions of dol­lars, are only help­ing to fur­ther drain his cof­fers in the 2024 rematch against Pres­i­dent Joe Biden.ELECTION 2024: FOLLOW LATEST COV­ER­AGE­Biden vast­ly out­raised Trump in 2020 before win­ning the elec­tion, as did for­mer Demo­c­ra­t­ic pres­i­den­tial nom­i­nee Hillary Clin­ton in 2016. In 2020, Biden raised more than $1 bil­lion, the first cam­paign to do so in U.S. his­to­ry, accord­ing to Open Secrets, while Trump’s cam­paign raised $774 million.Biden is once again mas­sive­ly out­rais­ing Trump. The Biden cam­paign had more than $71 mil­lion cash on hand in Feb­ru­ary, dou­ble the Trump campaign’s $33.5 mil­lion cash on hand.
Dur­ing a back­ground call with reporters Thurs­day, a Trump cam­paign advis­er claimed that the cam­paign “will ne …