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Trump scrambles for cash as huge legal fees leave little for battleground campaign: report
If fundraising or other means of getting cash falters, Donald Trump is close to running out of funds to pay his legal bills as his New York hush money criminal trial continues, according to a new report.
Trump is racking up significant legal bills as the trial, where he's accused of falsifying business records to cover up a hush money payment to adult movie star Stormy Daniels, enters into its second week. He's also facing three other indictments that could result in trials beginning this year.
Newsweek reported that Trump has been paying his lawyers using the Save America PAC, which has doled out more than $62 million for legal fees since January 2023. At the end of March, the PAC had around $4 million in cash — after spending $5.4 million on legal bills in the previous month.
Also read: Judge slaps Trump with $9K in fines — and warns 'jail may be a necessary punishment'
Speaking to Newsweek, University of Nottingham political science professor Todd Landman said that while "it is not clear that he will run out of money," Trump will be paying "substantial legal fees" in the coming weeks.
"Trump is managing four legal cases at present, each of which incurs legal fees for preparation of his defense, filing motions, and in the case of the Manhattan trial, representing him at trial four days a week," he said.
"The Manhattan trial is expected to run for five to six weeks in total, which continues this week, where there will be more witnesses for the prosecution and a separate hearing on whether he has violated his gag order," Landman continued. The judge ruled Tuesday that violations had occurred, but has another meeting scheduled to look into extra accusations.
"He has retained multiple lawyers to defend him, which means that he will have to pay substantial legal fees. It is not clear that he will run out of money, as he has been successful in securing a number of large donations from supporters," Landman said.
"However, there are legal constraints on using some of his political organizations and thus [he] needs to keep campaign finance separate from personal legal defense spending. On top of his legal fees, he has outstanding civil judgments against him pending appeal."
Funneling so much cash to legal fees could also drastically effect Trump's campaign, said another University of Nottingham professor, Christopher Phelps.
"The key question is whether he can do so while also running an effective ground operation in the battleground states, which requires a lot of advertising and personnel," he said.