Trump Leads Biden in Monthly Fundraising for First Time
- Trump’s fundraising fueled by big donors in energy industry
- A deep war chest allows Biden to spend more money than Trump
Trump’s first full month of raising money as his party’s presumptive nominee resulted in large donations from prominent donors.
Photographer: Daniel Steinle/BloombergThis article is for subscribers only.
Donald Trump raised more money last month than Joe Biden for the first time in this election cycle, but the president’s campaign still holds a wide financial edge over his Republican rival.
Biden and the Democratic Party raised $51 million in April, compared to the $76 million Trump and the Republican National Committee amassed, according to federal filings. The president entered May with $192 million cash on hand, more than double what his opponent reported having in the bank.