Former US President Donald Trump is expected to receive a financial injection after a blank-check corporation approved a merger on Friday, resulting in a windfall of billions of dollars as his finances continue to struggle with a cash shortage and legal expenditures.
According to papers provided to the Federal Election Commission by the Save America group, a significant portion of Donald Trump’s campaign finances are being used to address his legal issues.
The group, which Trump founded to oppose Joe Biden in 2020, revealed that more than $5.5 million was paid in legal fees last month. The total expense since the beginning of 2023 exceeds $55 million.
On Friday, investors gave their consent to the business mogul’s Trump Media & Technology Group—which owns Truth Social.
