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Election 2024 Trump
Republican presidential candidate former President Donald Trump speaks after meeting with members of the International Brotherhood of Teamsters at their headquarters in Washington, Wednesday, Jan. 31, 2024. (AP Photo/Andrew Harnik)

Trump's political operation, spending heavily on legal expenses, starts 2024 with $42M

Former President Donald Trump’s political operation has amassed about $130 million in the final months of last year, but after spending heavily he's headed into 2024 with more than $42 million

By AP News
Published - Feb 01, 2024, 02:30 PM ET
Last Updated - Feb 01, 2024, 02:30 PM EST

WASHINGTON (AP) — Former President Donald Trump's political operation amassed about $130 million in the final months of last year but after spending heavily, headed into 2024 with more than $42 million to start the election year.

New campaign finance reports filed Wednesday showed that across four committees that make up Trump's political operation, he ended 2023 having spent about $86 million, with tens of millions of that being diverted to pay legal expenses.

Trump's main campaign committee closed out the year with about $33 million. Meanwhile, President Joe Biden's primary campaign account reported starting 2024 with $46 million to spend.

Biden's political operation reported raising $97.1 million in the final months of 2024 across the various committees it uses to fundraise and ended the year with $117.4 million on hand.

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