<p>Former <a class="person-popover__link" href="https://thehill.com/people/donald-trump/" _mce_href="https://thehill.com/people/donald-trump/">President Trump </a>could face a surprising problem as he mounts his 2024 campaign: a cash crunch as wealthy megadonors gravitate toward Florida Gov. <a class="person-popover__link" href="https://thehill.com/people/ron-desantis/" _mce_href="https://thehill.com/people/ron-desantis/">Ron DeSantis </a>(R) and other potential contenders. </p>
<p>A loyal army of small-dollar donors will power Trump’s presidential bid, potentially making up for the exodus of billionaire backers, but they’ve shown signs of scaling back their giving. </p>
<p>And while Trump’s political machine is starting off with a war chest of more than $110 million, federal law prevents him from using most of that money to advance his White House campaign.</p>
<p>Meanwhile, Trump’s political committees are shelling out huge sums on his legal defense, totals that only seem likely to rise after the Department of Justice on Friday appointed a special counsel to oversee probes into him.</p>