Former president Donald Trump’s recent May fundraising during his trial in New York exceeded President Joe Biden’s, putting him ahead in terms of campaign cash, reports Politico:
“Former President Donald Trump’s huge May fundraising haul erased President Joe Biden’s longstanding cash advantage as the two gear up for a rematch.
“Trump’s campaign had $116.6 million in the bank at the end of May, compared to $91.6 million for Biden.
“It wasn’t due to poor fundraising on the incumbent’s part — Biden’s campaign saw a decent fundraising rebound in May after a weak showing the month prior. But Trump’s fundraising while he was on trial in New York that month, punctuated in the final days when he was convicted, was enough to surpass Biden in campaign cash, something that had long been seen as a crucial strength of his.
“The latest campaign finance filings with the Federal Election Commission also revealed how Biden has continued to build out his campaign apparatus, while Trump has largely held onto cash. And down-ballot races are also heating up, with party committees and other outside groups bringing in — and spreading around — more cash than before.
“After months of a relatively sleepy start, the real money race has begun.”
To read the entire Politico article, click HERE.
