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5 Feb 2022 21:21:12 UTC
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Trump's War Chest Tops $122 MILLION As He Plots 2024 Presidential Run
A new report shows that Donald Trump's political action committee is currently sitting on $122 million, a staggering amount for any person, let alone someone that isn't officially running for office at the moment. This money gives Trump a lot more power over the Republican Party, and he could use it as leverage to get Republicans to pledge their loyalty to him. Or, more likely, he'll find a way to funnel it all back to himself. Ring of Fire's Farron Cousins explains what all of this means.

Link - https://thehill.com/homenews/campaign/592207-trumps-political-operation-enters-2021-with-122-million-in-the-bank

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Donald Trump, of course has not yet said whether or not he is or he isn't running for office again, although he is actually already laying out what he would do of course, if he does become president again in 2024. But nevertheless, even without a firm declaration of whether or not he's running, the man still has $122 million on hand with his political action committees. That is $122 million this man could spend on a presidential run. He could spend it effectively being a king maker in this year's midterm races and I'll get more to that in a moment. But most importantly, he could also use that money to basically funnel it back into his own businesses and of course you can't just pay this money to yourself. You can't write yourself a check from a political action committee.

But of course, if you're renting space at your own hotels or resorts, you could legally give yourself the money that way. You could hire family members to do things and pay them that way. So there's plenty of ways Donald Trump could easily funnel a lot of this money back into his own pockets and I believe first and foremost, that's probably what Donald Trump is gonna e
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