Trump Sidelines Rivals, Keeps Cash by Playing Coy on 2024
- Trump couldn’t use $102 million his PACs raised on campaign
- Teasing about new run benefits Trump while hurting GOP rivals
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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.