But the biggest liability for Trump is himself, as evidenced by his disastrous Putin press conference. “For Trump’s outside supporters, we are highly concerned the president is continually incapable of discerning between meddling and collusion,” Sam Nunberg said. “Every time he does something like that he makes our lives harder. It’s time he gets the fuck over [the election].” Even if he survives the Mueller probe and holds on to Congress, there’s the Michael Cohen time bomb. “Michael Cohen and the Trump Org? I don’t know,” Bannon said with concern when I brought it up. “That’s not my deal.” It will be difficult to rekindle the magic that propelled Trump to victory last time.
Along with Bill Clinton, George W. Bush and Barack Obama, if Trump is reelected, it would be the first time in American history that there have been four consecutive presidents who were elected to two terms. If Trump completed his second term on January 20, 2025, he would be 78 years old and would have become the oldest person to serve as president, surpassing Ronald Reagan (who was 77 when he left office in 1989).[a]
If the next presidential election were held today, there's a decent chance that President Trump would be re-elected. Despite his litany of scandals and his abysmally low (yet stable) approval rating, he is benefiting enormously from a strong economy. The GDP experienced 4.2 percent growth in the second quarter of 2018, the unemployment rate is now at an 18-year low, and the stock market is booming. In perhaps the best news for Trump, one of the strongest indicators of an incumbent president's re-election prospects, consumer confidence, is at its highest level since 2000.
Formal efforts to start the process of impeachment against Trump, who took office in January 2017, have been initiated by Representatives Al Green and Brad Sherman, both Democrats. Other people and groups have asserted that Trump has engaged in impeachable activity during his presidency. Talk of impeachment began before Trump took office.
Following Trump's controversial statements about illegal Mexican immigrants during his 2015 presidential campaign kickoff speech, NBC ended its business relationship with him, stating that it would no longer air the Miss Universe or Miss USA pageants on its networks. In September 2015, Trump bought NBC's share of the Miss Universe Organization and then sold the entire company to the WME/IMG talent agency.
In January 2018, The New York Times reported that Trump had ordered Mueller to be fired in June, after learning that Mueller was investigating possible obstruction of justice, but backed down after White House Counsel Don McGahn said he would quit; Trump called the report "fake news". The New York Times reported in April 2018 that Trump had again wanted the investigation shut down in early December 2017, but stopped after learning the news reports he based his decision on were incorrect. In April 2018, following an FBI raid on the office and home of Trump's private attorney Michael Cohen, Trump mused aloud about firing Mueller.
Trump held his fifth official campaign rally in Cedar Rapids in eastern Iowa. The area, home to a large population of working class whites, was seen as a strong region for Trump to find a base of political support. The date for the rally, having been changed several times, was ultimately held on June 21, marking the first time in his presidency that Trump traveled west of the Mississippi River. At the rally, Iowa GOP state chairman Jeff Kaufmann verbally attacked Nebraskan Senator Ben Sasse, who has been speculated by some as a potential challenger to Trump in the 2020 Republican primaries.
On October 25, the president traveled to Texas for a fundraiser hosted by the Dallas County Republican Party for both the RNC and his reelection campaign. The event was closed to the media. Mark Knoller noted, "By my count, this will be Pres Trump's 10th political fundraiser since taking office. 9 of 10 were closed to press coverage including today."
Trump's father Fred was born in 1905 in the Bronx. Fred started working with his mother in real estate when he was 15, shortly after his father's death. Their company, "E. Trump & Son",[nb 2] founded in 1923, was primarily active in the New York boroughs of Queens and Brooklyn. Fred eventually built and sold thousands of houses, barracks, and apartments. In 1971, Donald Trump was made president of the company, which was later renamed the Trump Organization.
Trump's predecessors merged their campaign committees into their party's committee following their election victories. Following his 2016 election victory, Trump eschewed this presidential tradition and retained a separate campaign committee. Trump's campaign committee continued raising funds. In December 2016, the campaign raised $11 million. These moves indicated that Trump was already eying a 2020 run.