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      Trump Announces $34.8 Million Fund-Raising Haul After Guilty Verdict

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      Former President Donald J. Trump’s campaign announced that he had raised $34.8 million in the wake of his felony conviction, shattering online records for Republicans and an early sign of the extent to which the base was rallying behind him.The campaign said in a statement that nearly 30 percent of the donors who gave online were new to the party’s online donating platform, WinRed, giving the former president an invaluable infusion of new contributions to tap in the coming months. The Trump campaign said the haul was double its previous best day ever on WinRed. And the one-day haul was nearly 10 times the $4 million Mr. Trump raised when his mug shot was released in 2023, after his booking in Atlanta for his indictment there.The figures will not be verifiable until the campaign committees and WinRed make their filings with the Federal Election Commission in the following months.Cash has been one of President Biden’s advantages so far in the race. His campaign has been advertising in key battleground states since Mr. Trump emerged as the Republican nominee while Mr. Trump has been absent from the airwaves. The post-conviction money will help Mr. Trump close the gap with the Democratic incumbent.The one-day haul was even greater than the $26 million that the Biden campaign had announced four years ago in the 24 hours after he had named Kamala Harris as his vice-presidential pick.“From just minutes after the sham trial verdict was announced, our digital fund-raising system was overwhelmed with support, and despite temporary delays online because of the amount of traffic, President Trump raised $34.8 million dollars from small-dollar donors,” said Chris LaCivita and Susie Wiles, two of Mr. Trump’s top advisers, in a joint statement. “President Trump and our campaign are immensely grateful from this outpouring of support from patriots across our country.” In April, Mr. Trump’s operation, working in concert with the Republican National Committee, announced that it had raised $76.2 million, beating for the first time what Mr. Biden’s shared operations with the Democratic National Committee, brought in — $51 million.The conviction appeared to be driving Democratic donations, as well, though to a much lesser extent.ActBlue, which processes online contributions for Democrats, registered three of its four biggest hours of donations in all of 2024 on Thursday evening in the wake of the conviction, topping out near $1.3 million in a single hour, according to its online ticker. More

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      Will It Matter? Searching for Clues in the Polls About a Trump Conviction.

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      He may not lose support at all, but recent backing from young and nonwhite voters might be likelier to fade.After the verdict in New York.Mike Segar/ReutersFor almost a decade, Donald J. Trump has done, said and survived things that would have doomed any other politician.He even saw his support increase after four sets of criminal indictments last year — including the charges for falsifying business records that he was ultimately found guilty of Thursday.The polls cannot tell us how voters will respond to the unprecedented verdict. Most voters weren’t even paying close attention to the trial, and asking voters about hypotheticals is always fraught. With his track record of political resilience, there’s surely little reason to expect his loyal MAGA base to suddenly collapse after a guilty verdict — or even imprisonment. It’s possible he won’t lose any support at all.But in a close election in a closely divided country, any losses could be pivotal. While Mr. Trump has survived many controversies, he has also suffered a political penalty for his conduct. He did lose re-election, after all. And this cycle, there is one reason to wonder whether Mr. Trump might now be more vulnerable: He depends on the support of many young and nonwhite voters who haven’t voted for him in the past, and who might not prove as loyal as those who have stood by his side from the start.In the last six months, many pollsters have asked voters to consider the hypothetical scenario where Mr. Trump was convicted at trial. It’s important to emphasize that these poll results shouldn’t be interpreted as simulations of how voters will behave after a real-world conviction. The questions don’t replicate how voters will react to the full context and facts of the case, or to statements of support from Republicans, or to the coverage on Fox News. Instead, they put a hypothetical conviction right in the face of the respondent.Nonetheless, the results do show that a meaningful number of Mr. Trump’s supporters are understandably uncomfortable with the idea of supporting a felon. This is a line that Mr. Trump hasn’t crossed before, and a sliver of his supporters were even willing to tell a pollster they would vote for President Biden if Mr. Trump were found guilty.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Takeaways From Trump’s Conviction in Hush-Money Trial

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      It was an end like no other for a trial like no other: a former American president found guilty of 34 felonies.The conviction of Donald Trump, read aloud shortly after 5 p.m. by the jury foreman as the former president sat just feet away, ended months of legal maneuvering, weeks of testimony, days of deliberation and several nervous minutes after the jury entered the Manhattan courtroom.The former president and the presumptive Republican nominee was convicted of 34 counts of falsifying business records related to a scheme to cover up an extramarital tryst with a porn star, Stormy Daniels, in 2006. That encounter — which the former president denied — led to a $130,000 hush-money payment whose concealment gave rise to the 34 counts of falsifying business records that made Mr. Trump a felon.Mr. Trump’s sentencing is scheduled for July 11; he has indicated he will appeal.Here are five takeaways from the last day of Mr. Trump’s momentous trial.A grueling trial ended suddenly.Thursday, the second day of deliberations, seemed to be moving toward a quiet conclusion. Then, suddenly the word came from the judge, Juan M. Merchan: There was a verdict.Less than an hour later, the headlines reading “guilty” began to be written.The decision came just hours after the jury had asked to hear testimony involving the first witness — David Pecker, the former publisher of The National Enquirer — including his account of the now infamous 2015 meeting at Trump Tower where he agreed to publish positive stories and bury negative stories about Mr. Trump’s nascent candidacy.The Trump Manhattan Criminal Verdict, Count By CountFormer President Donald J. Trump faced 34 felony charges of falsifying business records, related to the reimbursement of hush money paid to the porn star Stormy Daniels in order to cover up a sex scandal around the 2016 presidential election.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Robert F. Kennedy Jr., Echoing Trump, Calls Manhattan Case Politically Motivated

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      The independent presidential candidate Robert F. Kennedy Jr. criticized the Manhattan district attorney’s prosecution of former President Donald J. Trump shortly after it ended in a conviction on Thursday, describing it as a politically motivated and “profoundly undemocratic” case that would only strengthen Mr. Trump’s support.“The Democratic Party’s strategy is to beat President Trump in the courtroom rather than the ballot box,” Mr. Kennedy said in a statement on X. “This will backfire in November.”His response echoed many of Mr. Trump’s Republican allies, who have for months described the charges against him as a partisan “witch hunt.”In recent weeks, Mr. Kennedy has amplified his criticism of Mr. Trump, focusing particularly on his Covid-19 policies and his “coziness” with corporate America. Mr. Trump, in turn, has attacked him, with recent polling indicating that Mr. Kennedy could draw voters equally from Mr. Trump and President Biden in swing states.But Mr. Kennedy has stayed largely silent on Mr. Trump’s legal troubles, occasionally appearing to suggest that the Justice Department under Mr. Biden has been used to political ends. In April, Mr. Kennedy questioned the motivations of the federal prosecutors who had brought charges against Trump supporters who participated in the Capitol riot on Jan. 6, 2021. Mr. Trump has been charged in a federal case related to his efforts to overturn the 2020 election, a case entirely separate from the one brought in Manhattan.In his statement on X on Thursday evening, Mr. Kennedy said that he was also “running against President Trump in this election,” adding, “The difference is I’m challenging him on his record.”Earlier, shortly after the verdict came down, Mr. Kennedy was speaking at a cryptocurrency conference in Austin, Texas, where he was asked about the conviction.“I think this is probably the weakest case that people brought against him,” Mr. Kennedy told the audience. “My belief is that it will end up helping President Trump among a large part of the American public, who believes that the judicial system and the enforcement system have been weaponized politically.” More

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      Why Are People So Down About the Economy? Theories Abound.

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      Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.The U.S. economy has been an enigma over the past few years. The job market is booming, and consumers are still spending, which is usually a sign of optimism. But if you ask Americans, many will tell you that they feel bad about the economy and are unhappy about President Biden’s economic record.Call it the vibecession. Call it a mystery. Blame TikTok, media headlines or the long shadow of the pandemic. The gloom prevails. The University of Michigan consumer confidence index, which looked a little bit sunnier this year after a substantial slowdown in inflation over 2023, has again soured. And while a measure of sentiment produced by the Conference Board improved in May, the survey showed that expectations remained shaky.The negativity could end up mattering in the 2024 presidential election. More than half of registered voters in six battleground states rated the economy as “poor” in a recent poll by The New York Times, The Philadelphia Inquirer and Siena College. And 14 percent said the political and economic system needed to be torn down entirely.What’s going on here? We asked government officials and prominent analysts from the Federal Reserve, the White House, academia and the internet commentariat about what they think is happening. Here’s a summary of what they said.Kyla Scanlon, coiner of the term ‘Vibecession’Price levels matter, and people are also getting some facts wrong.The most common explanation for why people feel bad about the economy — one that every person interviewed for this article brought up — is simple. Prices jumped a lot when inflation was really rapid in 2021 and 2022. Now they aren’t climbing as quickly, but people are left contending with the reality that rent, cheeseburgers, running shoes and day care all cost more.“Inflation is a pressure cooker,” said Kyla Scanlon, who this week is releasing a book titled “In This Economy?” that explains common economic concepts. “It hurts over time. You had a couple of years of pretty high inflation, and people are really dealing with the aftermath of that.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Robert De Niro and the Biden Campaign Trolls Trump Outside Courthouse

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      After first ignoring former President Donald J. Trump’s criminal trial, then beginning to make sly insinuations about how he was “free on Wednesdays,” the court’s day off, President Biden’s campaign has jumped in with a stunt designed to emphasize the unprecedented situation of a major party’s presidential candidate awaiting a felony verdict.The Biden campaign on Tuesday dispatched Robert De Niro, the actor whose voice narrates the campaign’s latest ad, along with Harry Dunn and Michael Fanone, two former U.S. Capitol Police officers who have since become spokesmen for the Democratic effort to attack Mr. Trump over his role in the Capitol riot on Jan. 6, 2021, to hold a news conference outside the courthouse in Manhattan where Mr. Trump’s trial was concluding.“This is not a threat,” Mr. De Niro said of the prospect that Mr. Trump could return to the White House. “This is a reality.” The news conference was the sort of thing the Trump campaign would have done from the beginning if the political situation were reversed.The Biden campaign has for weeks kept to the letter of the president’s directive to not address the criminal charges Mr. Trump faces or offer commentary on the trial, but its decision to dispatch surrogates to the Manhattan courthouse while the former president’s lawyer was delivering his closing argument was hardly subtle.Though Mr. De Niro and the two former police officers did not address Mr. Trump’s Manhattan trial — he is charged with falsifying business records related to a hush-money payment to a porn star before the 2016 election — they sought to draw attention to his actions that led to the events of Jan. 6, which are the subject of another federal criminal case pending against Mr. Trump.Mr. Trump has sought to tie together all four of his criminal cases and has argued baselessly that Mr. Biden is behind them all. In addition to the Manhattan trial, he is charged in separate federal cases over his handling of classified documents and his efforts to overturn the 2020 election, along with a Georgia case related to his push to reverse that year’s results.Mr. Trump’s loudest supporters quickly jumped on the Biden news conference as evidence that the four cases against Mr. Trump are connected and that Mr. Biden is the hidden hand behind them all.“In case you needed more evidence that all of these BS cases were quarterbacked by Team Biden to interfere in the 2024 election, the Biden campaign is now showing up in NYC to explicitly cheerlead the political prosecution of my father,” Donald Trump Jr. wrote on social media. More

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      Biden Doesn’t Want You Buying an E.V. From China. Here’s Why.

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      The president wants to shift America’s car fleet toward electric vehicles, but not at the expense of American jobs or national security.President Biden wants more of America’s cars and trucks to run on electricity, not gas. His administration has pushed that goal on multiple fronts, including strict new regulations of auto emissions and lavish new subsidies to help American consumers take as much as $7,500 off the cost of a new electric vehicle.Mr. Biden’s aides agree that electric vehicles — which retail for more than $53,000 on average in the United States — would sell even faster here if they were less expensive. As it happens, there is a wave of new electric vehicles that are significantly cheaper than the ones customers can currently buy in the United States. They are proving extremely popular in Europe.But the president and his team do not want Americans to buy these cheap cars, which retail elsewhere for as little as $10,000, because they are made in China. That’s true even though a surge of low-cost imported electric vehicles might help drive down car prices overall, potentially helping Mr. Biden in his re-election campaign at a time when inflation remains voters’ top economic concern.Instead, the president is taking steps to make Chinese electric vehicles prohibitively expensive, in large part to protect American automakers. Mr. Biden signed an executive action earlier this month that quadruples tariffs on those cars to 100 percent. Those tariffs will put many potential Chinese imports at a significant cost disadvantage to electric vehicles made in America. But some models, like the discount BYD Seagull, could still cost less than some American rivals even after tariffs, which is one reason Senator Sherrod Brown of Ohio and some other Democrats have called on Mr. Biden to ban Chinese E.V. imports entirely.The apparent clash between climate concerns and American manufacturing has upset some environmentalists and liberal economists, who say the country and the world would be better off if Mr. Biden welcomed the importation of low-cost, low-emission technologies to fight climate change.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More