'Very interesting': Trump's biographer reveals financial 'warning sign' for ex-president

Republican presidential candidate and former President Donald Trump reacts to supporters as he arrives on stage at a Get Out the Vote Rally March 2, 2024 in Richmond, Va. Fifteen states and one territory will vote during Super Tuesday on March 5. (Photo by Win McNamee/Getty Images)

As part of his conversation with MSNBC on Thursday, Donald Trump's biographer noted that it has become clear that the national Republican Party could suffer the same problem as the Trump campaign when it comes to donors.

Last month, it was reported that Trump's campaign was hemorrhaging the people he needed the most to get through the election.

Former Republican lawmaker David Jolly quipped that it seems the gold sneakers aren't selling that well for Trump after all.

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"Frankly, in the political space, no one wants to give money to the R.N.C. to pay Donald Trump's legal bills," Jolly explained. "They want to get Republicans elected. In this case, that's not where the money is going. Donald Trump and Republicans are in a lot of financial trouble going into November. Joe Biden and the Democrats are firing on cylinders, and we'll see that play out for the next few months."

Host Alicia Menendez noted that it will hurt down-ballot candidates, but Trump biographer Tim O'Brien explained that the ex-president has never cared much about anyone else unless it benefitted him in some way.

"Every candidate who surges in either party has a right to leave their imprint on their operatives. You know, the R.N.C. should be at the disposal of the leading candidate. But that candidate should have the interest, as you note, and as David correctly noted, should have the interest of both the party itself and then down-ballot people running in for the Senate, the House, et cetera, et cetera, and Donald Trump has never had any concern even prior to this for down-ballot candidates unless they were there as loyalists to him," said O'Brien.

That's when he dropped the truth bomb on the impact Trump's presence is having on the G.O.P. as a whole.

"This is going to be a long slog. We will probably be talking about this in August and September," lamented O'Brien. "But he seems to be bleeding small-dollar donors, and I think that's very interesting."

The biographer explained that Trump's argument was that he had such a huge impact on the average voter that it made up for the fact that wealthy more establishment Republicans refused to support him. Those top Republican funders, instead, went to Nikki Haley. Now, there is a concern from some former Republican leaders that the typical funders won't want to give to the party, assuming it'll be taken by Trump.

"That meant Trump was more dependent on the small donors," O'Brien outlined. "Those were people that he spent on his legal defense after January 6th, and since then. And maybe they've gotten wise. If they've gotten wise, that's a warning sign for him. It's the financial equivalent of him bleeding voters to Nikki Haley at the 20% to 30% level, even after she's dropped out of the race."

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