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Trump struggles to fundraise in early weeks of campaign

by News Desk
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CNN

former president donald trumpHis political maneuvers brought in $9.5 million in about six weeks after announcing his latest bid at the White House, according to sources familiar with the funding numbers.

The haul is smaller than the roughly $11.8 million raised by the Trump entity six weeks before the Republican Party. November 15 campaign announcementhighlights the challenges Trump faces as he attempts a political comeback.

In an effort to increase donations, Trump’s team hired marketing agency Campaign Inbox to step up its digital fundraising efforts, sources confirmed to CNN.

Trump’s team said the former president has the money to compete in 2024.

Campaign spokesman Stephen Zhang said on Tuesday that political campaigns raised a total of $21.3 million in the final quarter of last year. He said the former president has proven to be “an unstoppable force that continues to dominate politics.”

Chan said Trump would conduct an “aggressive and well-funded campaign.”

NBC was the first to report Trump’s year-end campaign numbers.

A new report filed with the Federal Election Commission on Tuesday night shows Trump’s main campaign committee started the year with just over $3 million in available cash.

However, his political activities have many weapons and large amounts of cash.

In all, five Trump-related committees reported having cash reserves totaling more than $81 million.

Two-thirds of that total, or more than $54 million, is in MAGA Inc.’s coffers. Super PAC established last year It is run by former Trump campaign aide Taylor Gravitch, which must run independently of the campaign. But it can spend a lot of money to boost the former president and beat his rivals.

Florida Governor Ron DeSantis, a candidate for the 2024 nominee, also faces early attacks from Trump and has built up a sizable force.

Divided between two Florida-based commissions, DeSantis’ political campaign had more than $75 million left in its coffers after the 2022 midterm elections, according to the latest state filings. The Florida Republican broke a funding record on his way to being elected for a second term last year, earning the state’s political committee Ron his $163 million for his Friends of DeSantis. Raised more than a dollar and raised an additional $50 million through the campaign.

DeSantis has yet to announce a White House bid, but CNN previously reported DeSantis’ political campaign sought ways to move funds from state political commissions to federal commissions that could potentially support the presidential campaign.

Trump’s first major campaign swing — weekend visits to early voting states of New Hampshire and South Carolina — he Aimed at .

DeSantis responded by touting his margin of victory in last year’s re-election. He won by his 1.5 million vote margin, the largest margin in state history.

Trump is the first declared candidate for the 2024 presidential election.

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