“Donald Trump, after long saying his self-financed campaign shielded him from special interests, is preparing to start raising large donations. He reversed course, he said in early May, to ensure his campaign has the resources to compete with Hillary Clinton,” the Wall Street Journal reports.
“It might seem a strange reason for a man who says he is worth $10 billion. But a close analysis of Mr. Trump’s finances shows that in terms of ready cash, he would be ill-equipped to foot the bill himself. When his campaign began last summer, a financial disclosure Mr. Trump filed said he had between about $78 million and $232 million in cash and relatively liquid assets such as stocks and bonds.”
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