Trump refuses to concede, simultaneously forms a PAC in preparation for life after presidency

President Trump.
(Image credit: SAUL LOEB/AFP via Getty Images)

President Trump's ongoing fight for victory may be a sign he has finally accepted defeat.

It's been days since President-elect Joe Biden was declared the winner of the 2020 election, but Trump is still refusing to concede the election and embarking on a legal battle to challenge votes cast in key states. He's also soliciting donations to cover that legal effort — but that's not exactly where the money is going, The New York Times reports.

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That leadership PAC could come in handy before Trump leaves the White House. Both of Georgia's Senate races are headed for runoffs in early January, and Republicans will need to hold their seats to retain Senate control. And after he's no longer the president, Trump can use the fund for travel, polling, consultants, and donations to other campaigns, helping him "retain influence in a party that has been remade largely in his image over the past four years," the Times reports. It won't, however, be of any help to Trump if he decides to run again in 2024 — something Axios reports he is already considering.

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Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.