President Donald Trump at a February campaign rally. | Evan Vucci/AP Photo
President Donald Trump and the Republican National Committee raised a combined $131 million in June, a significant jump over its recent monthly fundraising hauls — though less than the $141 million Joe Biden and the Democratic National Committee raised in the same period.
Trump and the RNC announced in an email Wednesday evening that they brought in $266 million during the second fundraising quarter, after raising $212 million in the first three months of 2020. The campaign also said it has $295 million in cash on hand, maintaining a financial edge that Republicans have consistently held over Democrats.
But in May, Biden outraised Trump for the first time, bringing in $7 million more than the president. Notably, it was the first month Biden and the DNC could raise money jointly, opening up new funding streams and allowing wealthy donors to give more than $620,000 at a time. Trump and the RNC have been raking in cash through a joint fundraising agreement for months.
The Trump campaign touted the president’s small-dollar machine, including a record-setting one-day total for his birthday, when it brought in $14 million.
“The Trump campaign’s monumental June fundraising haul proves that people are voting with their wallets and that enthusiasm behind President Trump’s reelection is only growing,” Brad Parscale, Trump’s campaign manager, said in a statement. “No one is excited about Joe Biden, which is why he has to rely so heavily on surrogates like Barack Obama and radical Hollywood elites.”
