{"id":130214,"date":"2022-11-16T03:28:09","date_gmt":"2022-11-16T03:28:09","guid":{"rendered":"https:\/\/fin2me.com\/?p=130214"},"modified":"2022-11-16T03:28:09","modified_gmt":"2022-11-16T03:28:09","slug":"trump-launches-2024-u-s-presidential-run-getting-jump-on-rivals","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/trump-launches-2024-u-s-presidential-run-getting-jump-on-rivals\/","title":{"rendered":"Trump launches 2024 U.S. presidential run, getting jump on rivals"},"content":{"rendered":"
PALM BEACH, Fla. (Reuters) -Donald Trump, who has mounted relentless attacks on the integrity of U.S. voting since his 2020 election defeat, on Tuesday launched a bid to regain the presidency in 2024, aiming to pre-empt potential Republican rivals.<\/p> Trump, seeking a potential rematch with Democratic President Joe Biden, made his announcement at his Mar-a-Lago estate in Florida a week after midterm elections in which Republicans failed to win as many seats in Congress as they had hoped.<\/p>\n In a speech broadcast live on U.S. television, Trump spoke to hundreds of supporters in a ballroom decorated with several chandeliers and lined with dozens of American flags.<\/p>\n \u201cIn order to make America great again, I am tonight announcing my candidacy for president of the United States,\u201d Trump said to a cheering phone-waving crowd of donors and longtime supporters.<\/p>\n Earlier in the day, aides filed paperwork with the U.S. Federal Election Commission setting up a committee called \u201cDonald J. Trump for President 2024.\u201d<\/p>\n For much of the speech Trump steered clear of the name-calling that marked his recent public appearances, opting instead for a critique of Biden\u2019s presidency and a review of what Trump said were the policy achievements of his own time in office.<\/p>\n \u201cTwo years ago we were a great nation and soon we will be a great nation again,\u201d he said.<\/p>\n There is a long road ahead before the Republican nominee is formally selected in the summer of 2024, with the first state-level contests more than a year away.<\/p>\n Trump\u2019s announcement comes earlier than usual even in a country known for protracted presidential campaigns and signals his interest in discouraging other possible contenders such as Florida Governor Ron DeSantis or his own former vice president, Mike Pence, from making a bid for the Republican Party\u2019s 2024 presidential nomination.<\/p>\n DeSantis handily won re-election as governor during the midterms. Pence, while promoting his new book, has sought to distance himself from Trump. Other potential Republican presidential hopefuls include Virginia Governor Glenn Youngkin, Texas Governor Greg Abbott, former South Carolina Governor Nikki Haley and former Secretary of State Mike Pompeo.<\/p>\n Trump played an active role in the midterms, recruiting and promoting candidates who echoed his false claims that the 2020 election was stolen from him through widespread voting fraud.<\/p>\n But many of his candidates in key battleground states lost, prompting some prominent Republicans to openly blame him for promoting weak candidates who derailed the party\u2019s hopes of taking control of the Senate.<\/p>\n Control of the House of Representatives remains up in the air, but Republicans are on track to win a razor-thin majority.<\/p>\n Trump will seek his party\u2019s nomination even as he faces trouble on several fronts, including a criminal investigation into his possession of government documents taken when he left office as well as a congressional subpoena related to his role in the Jan. 6, 2021, U.S. Capitol attack by his supporters. Trump has called the various investigations he faces politically motivated and has denied wrongdoing.<\/p>\n Trump, 76, is seeking to become only the second U.S. president in history to serve non-consecutive terms, after Grover Cleveland, whose second stint ended in 1897. Biden, 79, said last week he intends to run for re-election and will likely make a final decision by early next year.<\/p>\n In an Edison Research exit poll, seven out of 10 midterm voters expressed the view that Biden, who remains deeply unpopular, should not run again. In the same poll, six of 10 respondents said they had an unfavorable opinion of Trump.<\/p>\n During his turbulent 2017-2021 presidency, Trump defied democratic norms and promoted \u201cAmerica First\u201d nationalism while presenting himself as a right-wing populist. He became the first U.S. president to be impeached twice, though congressional Democrats failed in their attempts to remove him from office.<\/p>\n At a rally that preceded the Capitol attack, Trump urged supporters to \u201cfight like hell\u201d and march on Congress to \u201cstop the steal,\u201d but the mob that subsequently stormed the Capitol failed to prevent Congress from formally certifying Biden\u2019s election victory.<\/p>\n Even though court and state election officials rejected Trump\u2019s false election claims, about two-thirds of Republican voters believe Biden\u2019s victory was illegitimate, according to Reuters\/Ipsos polling.<\/p>\n Trump has elicited passionate support from many Americans, especially white men, Christian conservatives, rural residents and people without a college education. Critics accuse Trump of pursuing policies built around \u201cwhite grievance\u201d in a nation with a growing non-white population.<\/p>\n The political landscape has changed dramatically since he won the presidency in 2016 and some in his party, including major donors, are exhausted by the drama surrounding him.<\/p>\n His single term as president stands as one of the most contentious in U.S. history. He secured sweeping tax cuts, imposed curbs on immigration and orchestrated a rightward shift of the federal judiciary, including the Supreme Court. He alienated U.S. allies abroad, abandoned international agreements on trade and climate change, and praised authoritarian leaders abroad, including Putin.<\/p>\n The Democratic-led House impeached him in 2019 on charges of abuse of power and obstruction of Congress after he pressed Ukraine\u2019s leader to investigate Biden and his son on unsubstantiated corruption accusations. The Senate acquitted him, thanks to Republican support.<\/p>\n The House impeached Trump again a week before he left office, this time for incitement of insurrection. He was acquitted by the Senate after he left office, again thanks to Republican senators.<\/p>\nTRUMP\u2019S PRESIDENCY<\/h2>\n