In the midst of a legal whirlwind, former United States President Donald Trump has offered insights into his future plans, particularly regarding his potential 2024 presidential campaign. This revelation comes hot on the heels of a court ruling that extended his deadline to pay the bond in a New York civil fraud case.
As reported by NBC News, Trump, speaking on Monday, indicated that he “might” dip into his own pockets to finance his next presidential bid, a departure from his approach in previous campaigns since 2016.
“I might do that,” Trump casually informed reporters gathered at his 40 Wall Street edifice in Lower Manhattan. However, when pressed further on the matter, he tersely remarked, “It’s none of your business.”
Asserting his financial prowess, Trump stated, “I have a lot of cash and a great company. I might spend a lot of money on my campaign.”
The 77-year-old Republican luminary shed light on the recent court rulings, particularly mentioning New York Judge Arthur F Engoron, who mandated Trump to face a staggering $464 million judgment in the state’s civil fraud case. Trump suggested that Engoron wasn’t keen on him allocating funds towards his campaign. “They don’t want me taking cash out,” he remarked, alluding to both Engoron and New York Attorney General Letitia James.
Trump’s remarks came following a court appearance in Manhattan related to his New York criminal case, where Judge Juan Merchan set the trial’s commencement for April 15.
Moreover, a state appeals court granted Trump and his co-defendants a ten-day reprieve to furnish a $175 million bond, a reduction from the original $464 million judgment that was due Monday.
Trump’s recent musings align with his earlier claims on his Truth Social website, where he boasted of possessing nearly $500 million in cash reserves for his 2024 presidential campaign. However, it’s worth noting that Trump has refrained from investing personal funds into his presidential endeavors since his 2016 campaign, save for a $10 million contribution made prior to his election.
Instead, Trump has leaned heavily on grassroots fundraising, relying on small-dollar online donations to fuel his political aspirations.
As the legal battles continue to unfold, Trump’s potential re-entry into the political arena looms large, with his financial strategies signaling a potential shift in his campaign approach.
