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Trump‘s brain is so broken that he thinks that admitting he lost is a negotiating tactic, lol, as if “floating“ the idea is some sort of threat
He believes that because he’s withdrawing the nomination rather than failing to pass a Senate confirmation vote, he is somehow still winning because he lost on his own terms. This is the purest form of narcissism.
I view it a bit differently than "he doesn't want to lose".
The Senators asked Blanche directly to limit the scope of the audit settlement specifically to the parties in the original suit (Trump and his family), and to already filed returns, not new ones. Blanche verbally agreed, but the Senators want it in writing.
That is what Trump is arguing about - he wants the freedom to commit tax fraud with impunity in the future. It's important enough to him that he wants to gamble on Republicans retaining the Senate after the election to preserve it.
This kind of gambit has worked for Republicans in the past. It's how they stacked the SCOTUS, after all. McConnell pulled that off because he was politically shrewd, and knew it was a good gamble to take. But let's face it, McConnell is probably never coming back to the Senate, and Trump has managed to bankrupt several casinos, so I doubt he is a good gambler.
Exactly… And this is part of my bigger point: Trump thinks that he’s somehow gonna wait out the midterm elections and come out on the winning side by re-introducing Blanche’s nomination afterward, but it’s likely he’ll have even a worse chance of getting him confirmed then.