According to recent reports, Former US President Donald Trump has more money raised for his campaign than sitting President Joe Biden. Trump’s team and the Republican National Committee (RNC) have raised a sizeable sum amounting to 141 million dollars in May, with total cash reserves of 170 million dollars by the end of that month.
On top of this, detailed latest financial records, June numbers released last week Friday, show distinct accounts for Biden’s campaign as presidential candidate and the DNC in Biden’s name totaling $174 million cumulative as of May 15th. The report further notes that the negative trend which had affected them stopped many months back though it still remains so up to this time hence this correction of records should act like medicine for it.
This financial disclosure also indicates that Trump’s team has at last picked pace when it comes to fundraising affairs following after which there has been an upsurge in donations thanks to various recent legal cases that he is involved in. His campaign received not less than six times more contributions per day within two days after losing than they used get within twenty-four hour period
Trump’s campaign reported having $116.6 million at the month’s close, while his rival had $91.6 million stashed away. Total monies raised consist of contributions by people, PACs and sundry other donors. This information, however, does not cover monies coming into the coffers from interest groups and Super PACs.
