Former United States President Donald Trump is to formally announce his intent to run a third consecutive presidential bid after the midterm elections. 

The New York Times reports, citing people familiar with the details, that Mr Trump may make his announcements as early as November 14. 

On Thursday, Mr Trump kicked off four rallies in the last five days of the midterm elections in Iowa, 

“In order to make our country successful and safe and glorious, I will very, very, very probably do it again,” Mr Trump said. “Very, very, very, probably.”

Other Republican presidential hopefuls for 2024 include Florida Governor Ron DeSantis,  former Vice President Mike Pence and ex-UN envoy Nikki Haley.

Mr Trump has been subpoenaed by the January 6th Committee investigating the insurrection at the Capitol for his role in the violence after he lost to President Joe Biden in the 2020 elections. The subpoena also says that Mr Trump would be deposed on November 14. 

The embattled former president had been accused of fraud up to $250 million by New York’s Attorney General Letitia James. Mr Trump, his adult children and his family business, The Trump Organisation, were accused of capitalising on the valuations of its properties to gain financial advantages.  

The civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages and seeks to bar Mr Trump, Donald Trump Jr., Eric Trump, and Ivanka Trump from acting as officers of the company in New York.

The lawsuit results from a three-year-long probe of Mr Trump’s business practices, during which Mr Trump was personally invited for a deposition. Mr Trump invoked the Fifth Amendment in August, a few days after FBI agents raided his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left the White House.