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President Trump’s campaign says it just had best-ever fundraising day, securing $26 million in the hours around last night’s debate. This just adds to what was already a record-shattering election season, in terms of money raised and money spent.

Axios Re:Cap digs into the 2020 fundraising story, including what happens to a candidate's unspent money, with election law expert Ciara Torres-Spelliscy.

Go deeper

Scoop: Trump privately discussing 2024 run

Photo: Brendan Smialowski/AFP via Getty Images

President Trump has already told advisers he's thinking about running for president again in 2024, two sources familiar with the conversations tell Axios.

Why it matters: This is the clearest indication yet that Trump understands he has lost the 2020 election to Joe Biden — even as the president continues to falsely insist that he is the true winner, that there has been election fraud and that his team will fight to the end in the courts.

Updated 3 mins ago - Politics & Policy

Sen. Kelly Loeffler to return to campaign trail after 2nd negative test

Sen. Kelly Loeffler addresses supporters during a rally on Thursday. Photo: Jessica McGowan/Getty Images

Sen. Kelly Loeffler's (R-Ga.) campaign announced Monday that she "looks forward to getting back out on the campaign trail" after testing negative for COVID-19 for a second time, following earlier conflicting results.

Why it matters: Loeffler has been campaigning at events ahead of a Jan. 5 runoff in elections that'll decide which party holds the Senate majority. Vice President Mike Pence was with her on Friday.

Updated 4 hours ago - Politics & Policy

Key government agency says Biden transition can formally begin

General Services Administrator Emily Murphy. Photo: Alex Edelman/CNP/Getty Images

General Services Administrator Emily Murphy said in a letter to President-elect Joe Biden on Monday that she has determined the transition from the Trump administration can formally begin.

Why it matters: Murphy, a Trump appointee, had come under fire for delaying the so-called "ascertainment" and withholding the funds and information needed for the transition to begin while Trump's legal challenges played out.