In 2018, President Donald Trump awarded Miriam Adelson with the Presidential Medal of Freedom. Now, as he prepares for a potential 2024 presidential campaign, Trump is working to secure support from past mega-donors. However, some key donors are proving more difficult to reel in, which could pose a challenge as President Joe Biden’s campaign continues to accumulate financial resources.
While Trump has likely secured the Republican Party’s nomination, he still needs support from some of its biggest donors. Some donors are hesitant due to concerns about Trump’s legal troubles, choosing to focus on funding congressional races instead. This dilemma is concerning for Trump’s campaign, particularly as Biden generates his own substantial campaign funds.
One major donor who has not yet committed is Miriam Adelson, who, along with her late husband, donated $90 million to Trump’s 2020 campaign – the largest sum he received. While Adelson has dined with Trump and maintains regular communication, the timing and amount of her potential contribution remain uncertain. With Biden currently holding a financial advantage, Trump must continue to seek donations in order to compete effectively.
Recent financial reports highlight Biden’s fundraising superiority, with the former president entering April with a significant financial lead. Trump’s mounting legal expenses create additional challenges for his campaign
