Trump faces warning signs that his fundraising prowess may have limits in 2024 campaign

Former US President Donald Trump attends a campaign event in Waterford Township, Michigan, on Feb. 17, 2024. (REUTERS)
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Updated 22 February 2024
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Trump faces warning signs that his fundraising prowess may have limits in 2024 campaign

  • Trump’s diminished cashflow presents an alarming picture of the overwhelming favorite to be the GOP’s presidential nominee
  • Despite threats of vengeance by Trump, some donors are instead backing his last standing rival, former UN Ambassador Nikki Haley

WASHINGTON: Donald Trump’s legendary ability to raise massive sums of political cash may be on a collision course with a new and unpleasant reality.

Campaign finance reports released this week flashed bright warning lights, showing two key committees in his political operation raised an anemic $13.8 million in January while collectively spending more than they took in. A major driver of those costs was millions of dollars in legal fees from Trump’s myriad of court cases.
The latest numbers offer only a partial snapshot of the Trump operation’s finances because other branches won’t have to disclose their numbers until April. But Trump’s diminished cashflow nonetheless presents an alarming picture of the overwhelming favorite to be the GOP’s presidential nominee, particularly to would-be donors who aren’t eager to subsidize Trump’s legal challenges.
Despite threats of vengeance by Trump, some are instead backing his last standing rival, former UN Ambassador Nikki Haley, who outraised Trump’s primary campaign committee by nearly $3 million last month.




Republican presidential candidate former UN Ambassador Nikki Haley, center, talks with a young supporter after speaking at a campaign event on Feb. 19, 2024, in Camden, South Carolina. (AP)

In a statement, Trump spokeswoman Karoline Leavitt did not directly address the campaign’s finances.
“President Trump’s campaign is fueled by small-dollar donors across the country from every background who are sick and tired of Crooked Joe Biden’s record-high inflation, wide open border invasion, crime and chaos,” Leavitt said. “Voters don’t want four more years of misery and destruction.”
When asked specifically about the numbers, a Trump spokesman texted a link to a Fox News story published Tuesday, stating that Trump was expected to raise $6 million at a fundraiser held that day.
Legal fees dominated Trump’s January expenditures, amounting to $3.7 million of $15.3 million spent by the two committees. One of the committees, Save America, also held nearly $2 million in unpaid legal debts, the records show.
Save America was bolstered with a cash infusion from a pro-Trump super PAC.
The committee received another $5 million “refund” installment from the super PAC “Make America Great Again Inc.,” which was initially seeded through a $60 million from Save America in the fall of 2022. Instead, Trump campaign officials opted to claw that money back in installments, a running total that has now reached $47 million, records show.
That left Trump’s two committees with $36.6 million in cash on hand compared to Biden’s $132 million stockpile, which he and the Democratic National Committee raised $42 million for in January.
“His endless drama and legal bills will deplete the Republican Party and bring even more electoral losses,” Haley’s communications director, Nachama Soloveichik, said in a statement.
The latest tranche of legal bills comes at a sensitive time, as Trump is orchestrating a takeover of the cash-strapped Republican National Committee, where he plans to install his daughter-in-law, Lara Trump, as the party’s No. 2 official. Some donors and RNC committee members worry that Trump may soon turn to the RNC to help cover his legal bills, too, considering Trump has made claims of legal persecution a pillar of his campaign.
“Every single penny will go to the number one and the only job of the RNC,” Lara Trump said during a recent interview on the conservative network NewsMax, which she added was to focus on electing Donald Trump.




Lara Trump, daughter-in-law to former US President and 2024 presidential hopeful Donald Trump, signs a campaign material after speaking at a VFW Hall in Beaufort, South Carolina on Feb. 21, 2024. (AFP)

What’s not clear is how much of a drag his prodigious legal spending will be on his finances.
The RNC is also facing headwinds of its own, reporting $8.7 million on hand at the end of January, reports show.
Though Trump’s financially strained position is unusual for the odds-on favorite to clinch a major party’s nomination, there is ample time to reenergize his fundraising. It’s still early in the campaign and — assuming he becomes the nominee — he will be able to raise money in concert with the RNC, which should enable him to receive a check from a single donor worth upwards of $1 million. That’s an advantage that Biden and the DNC currently hold over him.
Over the past year, he’s also used pivotal moments in his ongoing legal drama, including his indictment hearings, to open a spigot of campaign cash from his large base of conservative supporters, who chip in small amounts online.
Still, Trump’s cash woes place him in a familiar, if unwelcome, position that echoes the 2020 presidential race, when he and his aides plowed through $1 billion and a large cash advantage over Biden amid profligate spending.
Trump approached the 2024 race with over $100 million, a substantial amount of which was raised in the early days after his 2020 election loss to Biden, when he bombarded supporters with solicitations for an “election defense fund.” This time, legal fees have proven to be a drain, costing over $80 million over the past two years, records show.
Democrats have reacted with glee.
“It’s been a tough couple of weeks if you are Donald Trump and also like money,” said Ammar Moussa, a Biden campaign spokesman. “The RNC had its worst fundraising year in decades, is hemorrhaging cash, and now Trump enters the general election with the weakest operation in recent history.”


1 dead, others injured after London-Singapore flight hit severe turbulence, Singapore Airlines says

Updated 3 min 37 sec ago
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1 dead, others injured after London-Singapore flight hit severe turbulence, Singapore Airlines says

  • The airline said the aircraft was a Boeing 777-300ER with a total of 211 passengers and 18 crew on board

BANGKOK: Singapore Airlines says a person has died aboard and others were injured when a London-Singapore flight encountered severe turbulence.
Singapore’s Flight SQ321 from Heathrow was diverted to Bangkok and landed at 3:45 p.m. local time at Suvarnabhumi Airport, the airline announced in its Facebook page. The airline said the aircraft was a Boeing 777-300ER with a total of 211 passengers and 18 crew on board.
Local emergency crews from Samitivej Srinakarin Hospital were on site to transfer injured people off the runway for treatment. Videos posted on the LINE messaging platform by Suvarnabhumi Airport showed a line of ambulances streaming to the scene.


Britain’s new protest laws unlawful, London court rules in rights group’s challenge

Updated 28 min 48 sec ago
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Britain’s new protest laws unlawful, London court rules in rights group’s challenge

  • Civil rights group Liberty took the government to court over changes to public order laws made last year
  • Judge rules new regulations gave the police almost unlimited powers to shut down protests

LONDON: Britain unlawfully gave police wider powers to impose conditions on peaceful protests which cause “more than minor” disruption to the public, London’s High Court ruled on Tuesday.
Civil rights group Liberty took the government to court over changes to public order laws made last year, which it says gave the police almost unlimited powers to shut down protests.
The case was heard in February amid a wider crackdown on protest movements in Britain and across Europe, as environmental activists have used direct action protests to demand urgent government action against climate change.
Judges David Bean and Timothy Kerr ruled in the group’s favor on Tuesday, finding that the regulations granting the new powers were unlawful.
The High Court granted the government permission to appeal and suspended its decision that the new powers should be quashed pending the outcome of the appeal.
Liberty’s legal action focused on the Public Order Act, under which the police can impose conditions on a protest if it could cause “serious disruption to the life of the community.”
The law was amended last year, so police could impose conditions in cases where a protest could cause “more than minor” disruption, which Liberty said was unlawful.
Government lawyers argued that ministers were given express powers to amend the law on what amounted to serious disruption.
But the High Court ruled that the government exceeded its powers, which “did not extend to lowering the threshold for police intervention.”


Thai minister quits over legal complaint seeking PM’s dismissal

Updated 21 May 2024
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Thai minister quits over legal complaint seeking PM’s dismissal

  • Pichit Chuenban says his resignation would allow the country ‘to move ahead and not impact the administrative work of the prime minister that needs continuity’

BANGKOK: A Thai minister at the center of a pending legal complaint seeking the dismissal of Prime Minister Srettha Thavisin resigned on Tuesday, in an effort to insulate the premier from possible repercussions.
A group of 40 senators lodged a complaint to the Constitutional Court last week against Pichit Chuenban, 65, saying his appointment last month as minister to the prime minister’s office breached the constitution, as he has a criminal record.
The court was due on Thursday to decide whether or not to accept the case, which could lead to Srettha’s suspension.
“Even though I have been vetted and honestly believe that I am qualified by law, this matter is linked to the prime minister,” Pichit said in his resignation letter, shared with media by Srettha’s office.
He said his resignation would allow the country “to move ahead and not impact the administrative work of the prime minister that needs continuity.”
It was not immediately clear whether the resignation would have any impact on the complaint submitted to the court.
Pichit was jailed for six months in 2008 for contempt of court after an alleged attempt to bribe court officials with 2 million baht ($55,000) hidden in a paper grocery bag.
His law license was suspended for five years by the Lawyers Council of Thailand after the incident. The government has said it carefully vetted Pichit’s qualifications and was confident it could defend his appointment before the court.
Pichit becomes the third minister to quit Srettha’s cabinet, after his foreign minister and deputy finance minister resigned following a cabinet reshuffle last month.
The senators, whose term has ended, are currently lawmakers in a caretaker capacity pending the selection of a new chamber. They have accused Pichit of lacking integrity and ethical standards to hold a ministerial post.
Government critics say Pichit was appointed due to his close relationship with a client, ex-premier Thaksin Shinawatra, who returned to Thailand last year after 15 years in exile. Thaksin, an ally of Srettha, still wields considerable political influence, despite officially being retired.
The government has insisted Pichit was appointed due to his capabilities.


Arab Americans reject Biden, Trump reelection: Survey

Updated 21 May 2024
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Arab Americans reject Biden, Trump reelection: Survey

  • President gets 7%, predecessor 2% support because of Gaza ‘genocide’
  • Much higher backing for third-party candidates Jill Stein, Cornell West

CHICAGO: A national survey of Arab Americans released on Monday shows that most respondents overwhelmingly reject the reelection of both President Joe Biden and his predecessor Donald Trump.

Conducted by the Arab American Anti-Discrimination Committee and the Truth Project on May 17 and 18, the survey shows support for Biden at 7 percent and Trump at 2 percent.

Arab and Muslim voters played a significant role in helping Biden defeat Trump in several key swing states in the November 2020 presidential election.

After taking office in January 2021, Biden responded by unveiling “A Plan for Partnership” with the Arab-American community that was to help strengthen ties with his administration.

But Biden’s unequivocal backing of Israel, including helping to approve more than $40 billion in military aid for the country’s alleged genocide in Gaza — which has taken more than 35,000 Palestinian lives — has all but erased that support and his edge over Trump in key swing states, according to the survey organizers.

“Since the start of the genocide many have speculated about who Arab Americans would vote for — Biden or Trump. The answer is neither, with third-party candidates getting substantial support,” ADC National Executive Director Abed Ayoub said in a statement to Arab News.

Third-party candidates Dr. Jill Stein and Dr. Cornell West received much higher support among Arab Americans.

Stein, who is Jewish and with the Green Party, received 25 percent support while West, who is African American, received 20 percent.

Not mentioned in the survey was leading third-party candidate Robert F. Kennedy Jr. His views have varied from calling for peace and recognition of Palestine to rejecting accusations that Israel’s actions in Gaza constitute genocide. Kennedy has declined repeated requests from Arab News for interviews.

Five national polls released in March and April from Quinnipiac University, Fox News, Marquette Law School, NBC News and Marist College showed Kennedy with 13 percent support for his independent presidential bid. Stein and West received only 3 percent each in the national polls.

As the presidential election approaches, “it is evident that Arab-American and allied voters are supporting candidates that are listening to our concerns and demands,” ADC said.

In its survey, 19 percent of Arab Americans said they were “undecided” and 3 percent said they would not vote in November.

ADC said support for Stein and West is based on the two running on an anti-genocide platform.

Stein has been a “strong and vocal supporter of Palestine” throughout her career, ADC noted, adding that West has also adopted this stance.

Arab, Muslim and other voters have shown significant opposition to Biden’s reelection in more than 30 state primaries, including five key swing states where he won by slim margins over Trump.

The primary election campaigns have been led by the #AbandonBiden movement, which told Arab News that it is considering hosting its own “Presidential Convention” in the autumn to galvanize Arab, Muslim and “progressive” voters to consider alternatives to Biden.

The ADC / Truth Project survey is based on outreach to 36,139 Arab Americans and “allied voters” who were asked one question: “Who are you voting for in November?”

Over the two days, 2,196 (6 percent) responded. ADC said this was “a high level of enthusiasm” in the presidential election race.

The Truth Project is a social welfare body committed to uniting a diverse coalition of Americans and organizations who support justice and equality in Palestine.

ADC has a large national grassroots membership base, and was founded in the 1980s to fight for civil and Arab-American rights.


North Korea’s Kim was ‘sincere’ in Trump talks: Seoul’s former president Moon

Updated 21 May 2024
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North Korea’s Kim was ‘sincere’ in Trump talks: Seoul’s former president Moon

  • Former South Korean president Moon Jae-in was instrumental in brokering two high-profile summit meetings between Kim Jong Un and then-US president Donald Trump
SEOUL: North Korean leader Kim Jong Un offered to give up his nuclear arsenal if America guaranteed his regime would survive, former South Korean president Moon Jae-in said in a recently released memoir.
Moon, who led South Korea for five years from 2017, was instrumental in brokering two high-profile summit meetings between Kim and then-United States president Donald Trump, aimed at securing Pyongyang’s denuclearization in return for sanctions relief.
But after the second summit collapsed in 2019, diplomatic outreach was abandoned, with relations between the two Koreas now at one of their worst points in years, as Kim doubles down on weapons production and draws closer to ally Moscow.
In the memoir released Friday, titled “From the Periphery to the Center,” former president Moon outlined in great detail his interactions with the North Korean leader.
“Kim said he would forsake nuclear weapons if there was a guarantee of regime survival,” Moon said in the book, adding that he felt the young North Korean leader was “very honest.”
According to Moon, Kim’s reasoning was: “I have a daughter and I do not wish her generation to live with nuclear weapons... Why would we continue to live in difficulty, under sanctions, with nuclear weapons if our security can be guaranteed?“
But the North Korean leader was “well aware of mistrust from the international community and the (belief from the) US that the North had been lying” about its commitments to denuclearization, Moon said.
Kim specifically asked him how the North could manage to “make Washington believe in our sincerity” to disarm.
In five years since the Hanoi summit, Pyongyang has declared itself an “irreversible” nuclear weapons power, accelerated weapons development, branded Seoul its “principal enemy” and threatened war over “even 0.001 mm” of territorial infringement.
It has also moved closer to Moscow, purportedly supplying it with arms in exchange for space technologies, something which would violate rafts of United Nations sanctions on both countries.
Despite how things have played out, Moon said in his memoir that he still believed Kim was sincere in his plans to denuclearize, but that it was strongly contingent on “corresponding measures” from the US.
Kim and Trump failed to strike a deal because Washington demanded complete denuclearization before it would consider providing sanctions relief, Moon wrote.
“In retrospect, I regret that (South Korea) did not mediate more effectively by listening to the North’s demands and relaying them to Washington if deemed reasonable,” he said.
“Though there are negative views about Trump, he was a very good fit for me as a counterpart in alliance diplomacy,” he said.
“While there are assessments that he is rude and harsh, I liked him for his honesty. A person who has a smiling face but acts differently and thus can’t be read is more difficult to deal with,” he added.
Trump was both apologetic and regretful that the Hanoi summit ended without a deal, Moon wrote.
Trump was “willing to accept (the North Koreans’ terms) but then-Security Adviser John Bolton fervently opposed it,” Moon wrote.
When Trump asked then-Secretary of State Mike Pompeo for a second opinion, he agreed with Bolton, leaving Trump no option but to walk away, Moon wrote.
It is impossible to take Kim’s words at face value now, Hong Min a senior analyst at the Korea Institute for National Unification in Seoul, said.
What was clear “is that Kim tried to change the status quo by expressing his intention to denuclearize,” he said.
The only way to know if Kim was serious, would have been to strike a deal in Hanoi and “gauge how far the North would go toward denuclearization,” he added.
Moon was succeeded by conservative Yoon Suk Yeol, who has taken a significantly more hawkish stance on North Korea.
Yoon has not commented on the memoir but his minister for unification Kim Yung-ho said on Monday that taking Kim’s words at face value could have lead to a security-related “miscalculation.”
“While ignoring North Korea’s (nuclear) capability, if we only focus on the North’s intentions, this could result in a miscalculation of the security situation,” he said, according to the Yonhap news agency.