After pleading not guilty to charges that he conspired to remain in office despite his 2020 election loss, Donald Trump takes an umbrella from Walt Nauta, the aide indicted as a co-conspirator in the documents case, as they arrived back at Reagan National Airport in Washington on Aug. 3, 2023.
Trump is not known for long-term planning, so it remains unclear how much he has focused on the intricate challenges of financing his campaign in the coming months. Some close to him say they are reassured by the fact that if he becomes the presidential nominee again, he can rely on the Republican Party to provide financial support.
“This is going to be an incredibly expensive proposition,” said Ben Brafman, a prominent criminal defense lawyer who is not involved in Trump’s cases. Of Trump’s three indictments, he added, “Not only is he now dealing with three separate jurisdictions, and nobody really knows which case is going to come first, but they all need to be investigated, researched and prepared at the same time by his attorneys.
And Trump continues to fundraise heavily off the criminal charges, with small online donors giving at a pace that dwarfs that of every other rival: nearly $46 million in the first half of the year, with an average donation of under $35.In one unusual transaction, Trump’s Save America PAC asked for a refund on the $60 million it had transferred last year to the super PAC, Make America Great Again Inc., that was expected to chiefly pay for television ads. Already, $12.
Brafman suggested that “individually each case in federal court could involve several millions of dollars in fees.” For the first time since he won the Republican nomination seven years ago, Trump has also spoken seriously in recent days about the possibility of putting his own money into his race. His team has already implemented some cost controls, slowing the pace of expensive rallies, which can cost more than $300,000 per event.
He said the kinds of lawyers involved typically charge $1,500 to $2,000 an hour, and that during trials, teams of people can work up to 16 hours a day. Bill Barr, Trump’s former attorney general, said on CNN last week that the practice was “nauseating.”
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Source: Newsweek - 🏆 468. / 52 Read more »