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Trump Outraises Biden in May as Billionaires Start Giving Big
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Donald Trump raised more money than Joe Biden for the second straight month in this election cycle, but the president’s campaign is still flush with cash as the two prepare to face off next Thursday in the first debate of the general election.
Biden and the Democratic Party raised $85 million in May, compared to the $141 million that Trump and the Republican National Committee amassed, according to federal filings and statements from the campaigns. The president entered May with $212 million cash on hand, a record amount for a Democratic candidate at this point in the election.
Trump didn’t say how much he had in the bank, but his campaign and the RNC reported having $171 million cash on hand, though that total doesn’t include all committees supporting him.
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Biden and the Democratic Party raised $85 million in May, compared to the $141 million that Trump and the Republican National Committee amassed, according to federal filings and statements from the campaigns. The president entered May with $212 million cash on hand, a record amount for a Democratic candidate at this point in the election.
Trump didn’t say how much he had in the bank, but his campaign and the RNC reported having $171 million cash on hand, though that total doesn’t include all committees supporting him.
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Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
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