The embattled gun group is planning for layoffs and a 20% cut in salaries, chief executive Wayne LaPierre told board members.
The same day a Senate committee report came out saying the National Rifle Association was a "foreign asset" to Russia, Trump sought the gun group's advice.
The Democratic presidential candidate was describing the way the president blusters about the National Rifle Association.
The president’s motivation to pass stricter rules in the wake of mass shootings in El Paso, Texas, and Dayton, Ohio, faded after a conversation with NRA CEO Wayne LaPierre.
The NRA said that it spoke to the president and that he's a "strong" Second Amendment advocate.
The notorious gun group is being crushed by its own financial mismanagement and legal woes.
The National Rifle Association's problems have deepened as its tax-exempt status remains under investigation.
The El Paso shooter reportedly used language eerily similar to the gun lobby's own xenophobic rhetoric.
Three of them said their confidence in the National Rifle Association's leadership has been "shattered."
A recent lawsuit said Cox joined an attempted coup to oust the National Rifle Association's top executive.