President Trump Preparing To Announce His Own Political Action Committee

Photo: Trump's campaign has set up a new donation channel where people can help 'fight back now' as the president launches legal actions in several states he claims engaged in voter fraud

Daily Mail: Does this mean the President knows his bid to overturn the election is doomed? Donald Trump is about to set up his own 'leadership political action committee' to raise millions and act as Republican kingmaker when he leaves office

* President Donald Trump is planning on announcing a new leadership Political Action Committee as early as this week

* The formation of the group is sign Trump realizes his attempts to overturn the election are unlikely, but a show that he's not exiting politics any time soon

* The leadership PAC is no doubt a move for Trump to retain power and influence within the Republican Party even as he exits the White House

* '[Trump] always planned to do this, win or lose, so he can support candidates and issues he cares about, such as combating voter fraud,' Tim Murtaugh said

Donald Trump is preparing to announce a new leadership political action committee as early as this week, officials said Monday, in a potential attempt for the president to retain power within the Republican Party even after leaving office.

'The president always planned to do this, win or lose, so he can support candidates and issues he cares about, such as combating voter fraud,' Trump campaign's Director of Communications Tim Murtaugh told The New York Times.

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WNU Editor: I mentioned a few days ago that I think he knows that if he fails in his law suits, it will be very difficult for him to be re-elected. I also do not think he is the type of person who is going to pack his bags and walk away. Setting up a Political Action Committee is a perfect way to retain power within the Republican Party, and to keep all of his options open.