If his legal battles in the courts fail, President Trump, who is yet to concede the 2020 election, said he may consider running for president again in 2024.

According to CBN News, Trump made the comment during a Christmas party at the White House earlier this month.

“It’s been an amazing four years,” Trump said at the event.

“We are trying to do another four years. Otherwise, I’ll see you in four years.”

While many of Trump’s supporters would love to see the president run again, it may hinder future GOP candidates from stepping up.

“He controls the loyalty of a large portion of the electorate,” Republican strategist Tom Rath explained.

“He obviously has the ability to finance a race.”

CBN News Chief Analyst David Brody added that Trump

“sucks the energy out of the room for every other candidate who’s thinking about running,”

GOP hopefuls may also fear turning away Trump’s large following, who are presently upset, as they believe that the election was rigged against Trump.

Rath, however, contended that there is a desire within the Republican party to see other members run for President

He said,

“I think there’s built-up energy in the Republican Party to move generationally. But also, ideologically.”

Meanwhile, the Democratic Party may not take Trump’s future bid seriously until he actually starts running.

“I think Democrats are going to see Donald Trump running in 2024 as a sideshow, I really do,” Brody noted.

“I think they are not going to pay much attention to it until they have to and that could be in 2024.”

On 7 Nov, Mr Biden won the key swing state of Pennsylvania, propelling the Democrat to the White House by granting him the 270 electoral college votes needed.

Under the US Constitution, however, even though Trump has lost the election, he could still pursue the Oval Office again in 2024.