“As Donald Trump considers when to announce his candidacy for president in 2024, he faces a costly quandary,” Bloomberg reports.
“As head of the Save America political action committee, he controls $103 million, making him the Republican Party kingmaker. Once he declares a run — moving from kingmaker to possible king — federal law puts the money beyond his reach.”
“When he announces, he’s limited to taking just $5,000 of his leadership PAC money for his campaign committee, which would begin with a starting balance of zero.”