Trump Raised $90 Million in August, Trailing Clinton: Reports
Donald Trump raised $90 million in August, trailing Democratic rival Hillary Clinton, during a month that saw the Republican presidential candidate lag in the polls and jettison his campaign chairman, according to media reports.
The results suggest Trump will continue to be heavily outspent by Clinton through the general election in November. Clinton said last week she raised $143 million in the same period, allowing her to maintain her advantage in television advertising and staff for get-out-the-vote efforts.
Trump's figures, reported Wednesday by Fox News and CNN, include the presidential campaign and the joint fundraising accounts that he uses to raise money for himself and the Republican party. Jason Miller, a Trump spokesman, said he couldn't immediately comment on the reports.
By comparison, the last Republican presidential nominee, Mitt Romney, raised $112 million in August of 2012.
A real-estate developer and television personality who pegs his net worth at more than $10 billion, Trump won the Republican nomination spending about $50 million of his own money. Beginning in May, he began actively soliciting donations at $50,000-a-plate dinners and through e-mail messages to millions of supporters.
So far, his most successful fundraising has come from small donations online and through direct-mail solicitations. Of the $80 million that Trump reported raising in July, about $64 million, or 80 percent, was from small-donor efforts. Fundraising through high-price events fell to $16 million from about $20 million in June.
Clinton attended more than 70 fundraisers in August, according to a tally by the Washington Post, from Massachusetts to California. Many of her fundraisers attract large crowds of donors willing to pay $1,000 or $2,700 per seat, such as a 700-person gathering at the home of former media executive Frank Biondi in Martha's Vineyard, in Massachusetts.
By contrast, Trump's fundraising events have been used for his high-dollar joint-fundraising committee, which can accept checks as large as $449,000, most of which goes to the Republican party. Trump has hosted fewer of these events than Clinton, and they have tended to be smaller.
Clinton is also getting help from a super-PAC that is better funded than the several smaller, competing groups vying for Trump's biggest donors. The main outside group supporting her, Priorities USA Action, started August with $39 million on hand.
Trump brought in a new campaign leadership team in August amid sagging poll numbers, appointing Kellyanne Conway the campaign manager, and Steve Bannon the campaign chief executive officer, as chairman Paul Manafort departed. Since then, polls have shown the race tightening. A CNN national poll yesterday was Trump's first since July that showed him with a lead.