What campaign finance law prevents him from announcing now?
As best I understand it, once Trump announces his bid for the presidency he would be subject to stricter fundraising limits and disclosure requirements.
Democrats have been slinging lawsuits with the FEC over this .... so it must be true. LOL.
The campaign finance laws governing President Trump's Save American PAC.
“The only restriction on money in a leadership PAC—it can’t be used to campaign for an office,” says campaign finance attorney Brett Kappel. “You could use it to buy a suit, or pay your legal bills. He could put his kids on the payroll of the leadership PAC. He could put anyone on the payroll of the leadership PAC as long as they’re doing work for the PAC.” Trump could even put himself on the payroll, Kappel adds. But all those perks go away if Trump declares himself an official candidate. So if Trump were to declare himself a candidate, the hundreds of millions he has raised for his Save America PAC cannot be used for any expense directly related to his 2024 presidential campaign. If he wants to open a presidential campaign office, if he wants to hold rallies as a presidential candidate, if he wants to buy ads for his bid to retake the White House—none of that can be funded by this money.Not only is it easier to spend money with a leadership PAC, there are fewer fundraising restrictions, says Paul S. Ryan, a campaign finance attorney and vice president of policy and litigation at watchdog group Common Cause. “Candidates need to be raising the money under a much lower contribution limit—$2,800 per election, per donor, for the 2024 primary, versus the Save America PAC which can raise $5,000 per calendar year per donor,” Ryan says."