Former President Trump is expected to formally launch his 2024 comeback bid tonight at the weakest moment of his political career, testing if his old Teflon suit can protect him — one more time — from the GOP's circular firing squad, Axios' Zachary Basu writes. Why it matters: Trump relishes being the underdog. But unlike his first run, the former president finds himself tarnished by Republican losses in three consecutive elections, plummeting internal support, the emergence of a popular GOP alternative and the threat of numerous criminal investigations. Driving the news: At least six private and public polls conducted since the midterms have placed Florida Gov. Ron DeSantis comfortably ahead of Trump in a hypothetical 2024 primary, including in key early states like Iowa and New Hampshire. - The latest is a poll conducted by Seven Letter Insight, a bipartisan strategic communications firm, which shows DeSantis leading Trump by eight points among Republicans.
- DeSantis responded to Trump's escalating criticism of his potential candidacy for the first time today, telling reporters: "[A]t the end of the day, I would just tell people to go check out the scoreboard from last Tuesday night."
The big picture: At an annual meeting of the Republican Governors Association this morning, former New Jersey Gov. Chris Christie declared he was tired of losing and identified Trump as the one constant weighing Republicans down over three straight elections, Axios first reported. - Trump famously declared on the campaign trail in 2016 that Republicans would "win so much, you're going to get tired of winning."
- The GOP swept into power that year, but went on to lose the House in 2018, lose the Senate and presidency in 2020, and barely retake the House in 2022 despite historical tailwinds.
The intrigue: The biggest threat to Trump's chances of returning to power may not be a political one. - The Justice Department and Fulton County district attorney are no longer shackled by proximity to the midterms, paving the way for an acceleration of their investigations into Trump's efforts to overturn the 2020 election and handling of classified documents.
- In New York, longtime Trump Organization CFO Allen Weisselberg took the witness stand today in the criminal tax fraud trial against the company — hours before Trump was set to make his presidential announcement.
The bottom line: Trump is already leaning into the underdog narrative, including by downsizing his campaign staff to have it resemble his scrappy 2016 team. - But his 2016 Hail Mary offense — captured by his famous "What do you have to lose?" line — will be countered with one word from Democrats: "democracy."
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