Donald Trump 'over his job' and may not run for president in 2024 as he's more focused on private expenditures
Donald Trump may not have been able to raise the votes he needed to remain President, but he appears to be quite successful at raising funds, more than any other President who's left the White House before him
Donald Trump may not run for President in the 2024 election, according to sources in the White House. After his loss to Joe Biden in the November elections and his administration's repeated failures to have the election results be declared fraudulent, Trump is reportedly "shrunken, and over his job."
While the President has not yet officially conceded defeat, The New York Times reports that Donald Trump appears to be less concerned with a 2024 Presidential campaign, and more focused on the state of his own finances once he leaves the White House. One unnamed source claims that Trump "has sounded less certain about declaring he’s running in 2024 than he had just two weeks ago." Assuming that Donald Trump is backing away from another shot at the White House, it would ease scrutiny over his current finances, particularly in regard to his political contributions and the need to disclose his accounts.
Recent months have seen the Trump administration attempt to raise massive funds from its followers through e-mails, in an attempt to offset the expenses run up by the 2020 election campaign. In addition to those expenses, a great number of legal fees have piled up in the administration's failed attempts to have voting results overturned in various contested states throughout America, the cost of which amounts to approximately $15 million. These fundraising attempts appear to have been rather successful, as The New York Times reports that the Trump Administration has raised "roughly $250 million" through the support of its followers alone.
A significant portion of these funds -- $60 million -- has already gone into a political action committee (PAC), controlled by Donald Trump himself. Donald Trump may not have been able to raise the votes he needed to remain President, but he appears to be quite successful at raising funds, more than any other President who's left the White House before him. "Right now, he is the Republican Party," said John McLaughlin, a Republican pollster who worked on Trump’s re-election campaign. "The party knows that virtually every dollar they’ve raised in the last four years, it’s because of Donald Trump."
Trump also faces a number of personal legal suits, which will likely become his main focus once he becomes a private citizen in January 2021. He appears to be planning ahead for the legal battles that await him, as his former lawyer Michael Cohen claims that Trump won't even be issuing pardons to his own family in case they're forced to testify against him. Trump was initially planning to hold a reelection event on the same day as Joe Biden's inauguration, but he is reportedly hesitating about following through with this plan.
Aides and advisors close to Trump believe that he may be planning to run political organizations that oppose Joe Biden once the president-elect is inaugurated, without Trump having to worry about running a reelection campaign himself in the run-up to 2024. While Trump may not be focused on returning to the White House as President, he appears to still be planning to remain in politics going forward.