Washington Post: "Luxury spending, internal strife leave NRA staggering into 2024 election"

As the NRA trial continues in New York state court, with the Attorney General ending the presentation of her case last Monday and closing arguments scheduled for February 15th, the Washington Post has a lengthy story on what has come to light during the trial and its effects on the NRA's still significant political clout. The details that have emerged so far appear to provide a case study for what can happen when a single, highly successful leader is able to operate with little effective board or other oversight for years. Not surprisingly, revenues have slumped by about 50 percent since 2018 (from about $160 million to $83 million in 2022) and legal fees have skyrocketed to about $40 million per year from 2019 to 2022. And former president Wayne LaPierre resigned just days before the trial began and may end up owning the NRA millions of dollars depending on the trial's result.

Lloyd Mayer