By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Trump’s costs mount as he battles legal peril on several fronts
News

Trump’s costs mount as he battles legal peril on several fronts

News Room
Last updated: 2023/07/30 at 12:24 PM
By News Room
Share
5 Min Read
SHARE

Receive free US presidential election 2024 updates

We’ll send you a myFT Daily Digest email rounding up the latest US presidential election 2024 news every morning.

A fundraising vehicle for Donald Trump’s presidential campaign spent more than $40mn on legal costs in the first half of the year, campaign finance filings are expected to show on Monday, as the Republican 2024 frontrunner tackles mounting legal troubles.

News of the hefty legal bill comes as Trump’s team braces for more criminal charges against the former president, with fresh indictments possible as soon as this week. Trump is already facing criminal charges in two separate cases relating to his business dealings and handling of classified documents. He remains the subject of multiple investigations being carried out by the US Department of Justice, as well as local prosecutors in several US states.

The Washington Post first reported at the weekend that Save America, a political action committee supporting Trump’s 2024 bid for the White House, had spent just over $40mn on his legal fees, advisers and other individuals in the first half of the year. The spending is expected to be itemised in campaign finance filings that are due to be submitted to the Federal Election Commission on Monday.

Steven Cheung, a Trump spokesperson, blamed the DoJ for the legal expenditures.

“The weaponised Department of Justice has continued to go after innocent Americans because they worked for President Trump and they know they have no legitimate case,” Cheung said in a statement.

“In order to combat these heinous actions by Joe Biden’s cronies and to protect these innocent people from financial ruin and prevent their lives from being completely destroyed, the leadership PAC contributed to their legal fees to ensure they have representation against unlawful harassment.”

Last week, federal prosecutors in Florida added more criminal counts to the case relating to Trump’s handling of classified documents. The week before, Trump said he had received a “target letter” saying he was the subject of a criminal probe into his efforts to overturn the results of the 2020 election.

An indictment in that case is expected as soon as this week. At the same time, Trump is under investigation in the state of Georgia, where prosecutors are similarly probing his alleged attempts to interfere with the 2020 election.

Trump has used the legal problems as a rallying cry on the campaign trail.

“They’re not indicting me, they’re indicting you. I just happen to be standing in the way,” he told the crowd at a rally in Erie, Pennsylvania, on Saturday night, according to AP.

“Every time the radical left Democrats, Marxists, communists and fascists indict me, I consider it actually a great badge of honour . . . Because I’m being indicted for you.”

Despite Trump’s legal woes, he remains the undisputed frontrunner in a crowded field of Republicans vying for the party’s nomination for president in 2024. In fact, Trump’s poll numbers have improved in recent months, with his standing among the Republican grassroots rising each time he has been indicted.

The latest FiveThirtyEight average of national polls shows that just over half of Republicans favour Trump to be the party’s nominee, with Florida governor Ron DeSantis trailing in a distant second place, with the support of roughly 15 per cent.

The DeSantis campaign criticised Trump on Sunday, with the Florida governor’s spokesperson, Andrew Romeo, saying Trump had spent tens of millions of dollars on “falsely attacking Ron DeSantis and paying his own legal fees”.

“Governor DeSantis’s sole focus, by contrast, has been campaigning for this country’s future, defeating Biden, and reversing the decline of America,” Romeo added.

Read the full article here

News Room July 30, 2023 July 30, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Tesla bull Dan Ives talks why he’s still bullish, AT&T COO talks wireless competition

Watch full video on YouTube

Why The U.S. Is Running Out Of Explosives

Watch full video on YouTube

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

This article was written byFollowSeeking Alpha's transcripts team is responsible for the…

AI won’t take your job – but someone using it will

Watch full video on YouTube

Could Crypto-Backed Mortgages Put The U.S. Housing Market At Risk?

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

By News Room
News

Aurubis AG (AIAGY) Q4 2025 Earnings Call Transcript

By News Room
News

A bartenders’ guide to the best cocktails in Washington

By News Room
News

C3.ai, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AI) 2025-12-03

By News Room
News

Stephen Witt wins FT and Schroders Business Book of the Year

By News Room
News

Verra Mobility Corporation (VRRM) Presents at UBS Global Technology and AI Conference 2025 Transcript

By News Room
News

Zara clothes reappear in Russia despite Inditex’s exit

By News Room
News

U.S. Stocks Stumble: Markets Catch A Cold To Start December

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?