New York Times correspondent Maggie Haberman, who is an expert on all things Trump, has a few ideas on why the former president is holding fewer campaign rallies than he’s held in the past. The reasons she gives are mostly what you’d expect — he’s getting old and his finances aren’t what they used to be.

But she added another reason, she noted: He faces the very real possibility of several indictments in multiple jurisdictions and people “really need to watch for how he is going to potentially incorporate an indictment” as he campaigns for reelection.

And when he gave a speech at the Conservative Political Action Conference (CPAC), Donald Trump told the audience that even if he is indicted he has no plans to drop out.

The senior political correspondent has covered Trump for several years, and she compared his 2024 run with his past campaigns on This Week on ABC News. She was asked whether Trump is running a “real campaign.”

“He has serious people running this campaign. There is a difference in terms of how it is put together from 2016 to now,” Haberman said. “We have seen somebody who got attention in 2015 because he was doing all of these rallies, and he seemed very in-your-face and everywhere.”

Indeed, Trump was “omnipresent” in the media during the 2016 election, but “he’s not now,” Haberman said. She added he launched his 2024 campaign months ago (November), but his speech at CPAC was “only his fourth real event.”

“He’s not on Fox very much, although they did carry his speech live yesterday,” Haberman said. “And that is a huge contrast. I suspect part of it, why we’re not seeing big rallies, is, A, his age. I mean, we talk about Biden’s age. Donald Trump is not young.”

President Joe Biden is 80, and Trump is 76.

But that’s not all, according to Haberman.

“Number two, I don’t think they have the money that they once had on that campaign. Those rallies are incredibly expensive. And so I think they are trying to chase news cycles. They’ve done that somewhat effectively.”

The financial situation does look rather piddling. Bloomberg is reporting that beginning with his November 15 campaign announcement to December 31, Trump raised $9.5 million. That’s vastly different from the $250 million he raised between his November 2020 presidential loss and January 6, 2021, Time reports.

These next few months are going to be interesting. If Trump runs after being indicted, it’ll be another first for him. Since he’s the only American President to be impeached. Twice.

.@maggieNYT on why former Pres. Trump may not be hosting as many campaign events as he did in 2015.

“His age. We talk a lot about Biden’s age, Donald Trump is not young…I don’t think they have the money that they once had in that campaign.” https://t.co/GnEV64SDvo pic.twitter.com/2etyco8F6F

— This Week (@ThisWeekABC) March 5, 2023