Donald Trump says he has 'no reason' to raise $1 billion for campaign

Donald Trump.
(Image credit: Kena Bentacur/AFP/Getty Images)

Donald Trump is suddenly shy about money, saying that he has no reason to raise $1 billion for his campaign.

Previously, the presumptive Republican presidential nominee estimated that $1 billion was the amount he needed for the general election, but in an interview with Bloomberg Politics on Wednesday, he refused to commit to raising even half that. "There's no reason to raise that," he said. "I just don't think I need nearly as much money as other people need because I get so much publicity. I get so many invitations to be on television. I get so many interviews, if I want them." It has been three weeks since Trump agreed to jointly raise money with the Republican National Committee, and he's held only two major events.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.