Get the latest market trends in your inbox
Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg
In a deeply reported article on "How Trump's Billion-Dollar Campaign Lost Its Cash Advantage," the N.Y. Times' Shane Goldmacher and Maggie Haberman found some unusual spending by the Trump campaign.
Why it matters: Money concerns are very real for President Trump's campaign — an unusual predicament for a sitting president, and one that worries veteran Republican operatives.
Details:
- "Super Bowl ads that cost $11 million."
- "$156,000 for planes to pull aerial banners in recent months."
- "Nearly $110,000 to Yondr, a company that makes magnetic pouches used to store cellphones during fundraisers so that donors could not secretly record Trump and leak his remarks."
- "[M]ore than $1 million in ads aired in the Washington, D.C., media market," which the Times characterizes as a "Trump-pleasing expense."
- "[A]bout $4 million into the Trump family businesses since 2019."
- "Hershey Company, the chocolate-maker ($337,000), which cover costs for items such as the White House-branded M&Ms given away by administrations of both parties."
- Former campaign manager Brad Parscale "had a car and driver, an unusual expense for a campaign manager."
Keep reading (subscription).