Every senator looks in the mirror and sees a future president. But these days, for Democrats at least, it’s not just members of Capitol Hill’s upper chamber who are picturing themselves sitting in the Oval Office. Congressmen, governors, mayors, even people who hold no elected office — men and women at seemingly every rung of the political ladder, including no rung at all — are suddenly eyeing the White House.
In 1988 Trump acquired the Plaza Hotel in Manhattan for $407 million and appointed his wife Ivana to manage its operation. Trump invested $50 million to restore the building, which he called "the Mona Lisa". According to hotel expert Thomas McConnell, the Trumps boosted it from a three-star to a four-star ranking. They sold it in 1995, by which time Ivana was no longer involved in the hotel's day-to-day operations.
Trump officially filed his reelection campaign with the FEC on January 20, 2017, the day of his inauguration. Trump launched his reelection campaign earlier in his presidency than his predecessors did. Barack Obama, George W. Bush, Bill Clinton, George H. W. Bush and Ronald Reagan all declared their candidacies for reelection in the third year of their presidencies. Trump filed the papers for his reelection campaign approximately 47 months prior to the date of the election. In contrast, both Reagan and George H. W. Bush filed approximately twelve months, George W. Bush filed approximately eighteen, and both Clinton and Obama filed approximately nineteen months prior to the date of the election.