Trump’s Donor Base Is Shrinking

Financial Times: “In another troubling sign for Republican fundraising efforts, Trump has 270,000 fewer unique donors than he did at the same stage of his 2020 White House run. His campaign and affiliated political action committees got money from 900,000 donors from July 2023 to the end of the first quarter of 2024, down from 1.17 million four years earlier.”

“This shrinking donor base leaves questions about how Trump will sustain the costs of his legal battles on top of what is expected to be the most expensive presidential race in US history. The bottom line is he needs to step it up now when it comes to fundraising, especially while he’s stuck in court and off the campaign trail.”