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Trump tops Biden in April fundraising, but Biden keeps cash advantage

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May 21, 2024
in Investing
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Trump tops Biden in April fundraising, but Biden keeps cash advantage

Donald Trump narrowed President Biden’s fundraising advantage in April, raising more cash in collaboration with the Republican National Committee than his Democratic rivals. But Biden and the Democratic National Committee still have a strong cash advantage at a moment when key battleground state polls show Biden trailing Trump.

The Trump campaign and RNC reported that they jointly raised $76 million in April, about $25 million more than the Biden campaign said it raised across all its committees over the same period. Trump’s reported fundraising haul came as the former president was personally contacting high-dollar donors and encouraging them to give the maximum amount of more than $800,000 to the Trump 47 Committee, which he formed in March to merge fundraising forces with the RNC.

This post appeared first on The Washington Post
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