The New York Times (NYT) and others reported on the 30th of last month that former U.S. President Donald Trump, who is seeking to return to power, spent $50 million (approximately 65 billion won) in political funds raised last year on defense costs for various lawsuits. Former President Trump was indicted on four criminal charges related to his disapproval of his defeat in the 2020 presidential election and is also involved in various civil trials. The Wall Street Journal (WSJ) reported that former President Trump, who has lost his temper due to this, is working hard to secure donations by meeting with ‘big players’ in the Republican Party.
Former President Trump lost a defamation case involving female writer E. Jean Carroll’s claim that “he sexually harassed me at a department store in New York before he took office,” and was recently ordered to pay $83 million in damages to Carroll. Prosecutors in New York State also requested a fine of $370 million on the Trump Family’s family company, the Trump Group, claiming that it excessively inflated the value of its assets to obtain bank loans, and a ruling in this case is expected to be issued soon. Considering the money to be paid for these two cases and the legal fees for criminal proceedings, there are speculations that the amount of money former President Trump will have to pay will be astronomical.
However, according to Reuters, American hotel tycoon Robert Bigelow announced on the 30th of last month that he decided to donate $20 million to the ‘Super PAC (Special Political Action Committee)’, a political group supporting former President Trump. He said that former President Trump was unfairly prosecuted and his sympathy for the resulting donation was his motivation for donating. It is known that the two had a meal together at former President Trump’s Florida home, Mar-a-Lago Resort, a day ago and discussed this issue.
However, former U.S. Ambassador to the United Nations Nikki Haley, who is competing with former President Trump in the Republican presidential primary, argued that he should not be the Republican presidential candidate. Former Ambassador Haley attacked through ‘
On the other hand, President Biden has secured ample ammunition. According to the NYT, ‘Future Forward’, a super PAC supporting him, signed an election advertising contract worth $250 million, the highest amount ever for a super PAC.
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.