Former president Donald Trump’s political PAC raised about $75 million in the first half of this year as he trumpeted the false notion that the 2020 election was stolen from him, but the group has not devoted funds to help finance the ongoing ballot review in Arizona or to push for similar endeavors in other states, according to people familiar with the finances.
Instead, the Save America leadership PAC — which has few limits on how it can spend its money — has paid for some of the former president’s travel, legal costs and staff, along with other expenses, according to the people, who spoke on the condition of anonymity to describe the group’s inner workings. The PAC has held onto much of its cash…
Trump has told some advisers that he wants to keep a large bank account to show strength for a potential 2024 campaign. He continues to tell advisers that he will probably run for president again, though some in his orbit suspect he will not. Some advisers have also urged him to save the money for travel next year to barnstorm the country on behalf of candidates he has endorsed.
“That is probably the most lucrative thing he’s had in terms of cash flow since the Plaza casino in Atlantic City,” said Tim O’Brien, a Trump biographer and frequent critic. “This is just as lucrative. He has recognized because of what happened after the election — he can make money as a candidate.”