As the Biden campaign touted Thursday night's $25 million fundraiser as a political record, word leaked about a Trump campaign event that organizers say will raise even more — at least $33 million.

Why it matters: The former president is facing a cash crunch as mounting legal bills drain his coffers and the 2024 race heats up.

Driving the news: Trump will host donors on April 6 at Mar-a-Lago for a fundraiser hosted by New York hedge fund billionaire John Paulson, who has been floated by Trump as a possible Treasury secretary, AP reports.

• A campaign official confirmed the plans for Axios.

Zoom in: Co-chairs include Las Vegas-based businessman Robert Bigelow, casino mogul Steve Wynn and New York grocery billionaire John Catsimatidis.

• Admission is $250,000 — or $814,600 to be named a "chairman."
• Perks include a personalized copy of "Our Journey Together," Trump's coffee-table book of photos from his administration.

What they're saying: "The response to our fundraising efforts has been overwhelming, and we've raised over $33 million so far," Paulson told the Financial Times.

• "There is massive support amongst a broad spectrum of donors. The dinner is relatively small in nature, and we are almost at our cap," he said.

Go deeper: Inside Biden's monster cash advantage over Trump