Trump Raises $266 Million in Second Quarter, Widening Advantage
WASHINGTON — Donald Trump’s campaign along with the Republican National Committee raised $266 million during the second quarter of 2020, widening the president’s cash advantage over Joe Biden.
The Trump campaign said Wednesday that it increased its fundraising by 71% from the first quarter, despite the coronavirus pandemic, which shut down large swathes of the economy. Trump only held two fundraising events during the second quarter. Most of the money was brought in through digital, online and mail-in efforts.
The second-quarter total includes $131 million Trump’s campaign and its joint fundraising vehicles raised in June, when they took in an average of about $4.3 million per day, including $14 million in an effort geared around Trump’s birthday.
His reelection effort has raised more than $947 million over the past two years, and has about $295 million cash on hand, it said.
Trump’s fundraising in the current election cycle dwarfs that of his Democratic opponent. Biden, the Democratic National Committee and a supporting vehicle have raised $422.3 million through May. The former vice president hasn’t announced his June fundraising totals.
Biden and the DNC raised $139.7 million in the first two months of the quarter. At the end of May, his campaign and the DNC had $122 million in the bank, though that number doesn’t include balances held by the Biden Victory Fund, which can accept checks of as much as $620,800.
Biden Victory is to report to the Federal Election Commission on July 15.
©2020 Bloomberg News
Distributed by Tribune Content Agency, LLC.
In The News
WASHINGTON -- A powerful congressional committee is beginning an investigation into reports the Justice Department secretly subpoenaed information about members of Congress and journalists during the Trump administration. The committee’s chairman said he was concerned the Justice Department “used criminal investigations as a pretext to spy... Read More
ATLANTA (AP) — Amber McReynolds, CEO of The National Vote at Home Institute, helped state and local election officials prepare for the record number of mailed ballots cast during last year's presidential election. She also was recently confirmed by the Senate to serve on the Board... Read More
ELM GROVE, Wis. (AP) — Standing on the sidelines of her son's soccer practice in this upscale suburb, Laura Hahn looked skyward for answers when asked how she would rate President Joe Biden's first 100 days in office. Overall, Biden is doing well, she said after... Read More
Democrat Rita Hart threw in the towel Wednesday afternoon, giving up her bid to represent Iowa’s 2nd Congressional District, and effectively ending the 2020 election cycle. Hart, who had been challenging the outcome of the race before the Committee on House Administration, said in a brief... Read More
Dominion Voting Systems on Friday filed a $1.6 billion defamation lawsuit against Fox News, arguing the cable news company sought to boost faltering ratings by falsely claiming the voting machine company had rigged the 2020 election. The company, which is headquartered in Toronto, Canada and Denver,... Read More
MONTGOMERY, Ala. - Election systems in the Deep South in 2020 suffered from numerous shortcomings, making it harder for many voters -- particularly those from communities of color -- to safely cast their ballots, states a new analysis by the Southern Poverty Law Center. The report... Read More