Newsletter

Former President Trump Spends $50 Million on Legal Fees and Donaldations for Potential Comeback

See AP Newsis more The New York Times (NYT) reported on the 30th of last month that former US President Donald Trump, who is trying to return to power, spent $50 million (about 65 billion won) in political money raised last year on defense costs for various lawsuits. Former President Trump was indicted on four criminal charges related to his disapproval of his defeat in the 2020 presidential election and is also involved in various civil trials. The Wall Street Journal (WSJ) reported that former President Trump, who has lost his temper because of this, is working hard to secure donations by meeting with ‘big players’ in the Republican Party.

Former President Trump lost a defamation case involving a claim by female author E. Jean Carroll that he “sexually harassed me in a New York department store before he took office,” and was recently ordered to pay Carroll $83 million in damages. New York state prosecutors also sought a $370 million fine on the Trump Family company, the Trump Group, alleging that it inflated the value of its assets to obtain bank loans, and a verdict in this case is expected to be announced soon. . Considering the money to be paid in these two cases and the legal fees for criminal cases, there are comments that the amount of money that former President Trump will have to pay will be astronomical.

However, according to Reuters, the American hotel tycoon Robert Bigelow announced on the 30th of last month that he had decided to donate $20 million to the ‘Super PAC (Special Political Action Committee)’, a political group that supports’ r former President Trump. He said former President Trump was unfairly prosecuted and his sympathy for the resulting donation was his motivation for donating. It is known that the two had a meal together at former President Trump’s home in Florida, Mar-a-Lago Resort, a day ago and discussed this matter.

However, former United States Ambassador to the United Nations Nikki Haley, who is competing with former President Trump in the Republican presidential primary, argued that he should not be the Republican presidential candidate. Former Ambassador Haley attacked by ‘

On the other hand, President Biden has secured plenty of ammunition. According to the NYT, ‘Future Forward’, a super PAC that backed him, signed an election advertising contract worth $250 million, a record amount for a super PAC.

Reporter Lee Cheong-ah clearlee@donga.com

  • sad sad image
  • I’m angry. I’m angry.

Share Image Share

Article Recommendation Image Article Recommendation

Copyright ⓒ Donga Ilbo & donga.com

#Trump #spends #billion #won #donations #lawyer #fees #election #fund #crisis #DongA #Ilbo