Republican presidential candidate
Donald Trump's
campaign announced on Tuesday that it raised $331 million in the second quarter, surpassing the $264 million raised by President
Joe Biden's campaign and its Democratic allies during the same period. Trump's campaign reported adding $111.8 million in June alone, resulting in $284.9 million in cash on hand.
In comparison, Biden's total fundraising for April through June included $127 million raised in June.
The Biden campaign noted a record fundraising haul from small-dollar donors on the day of Biden's widely criticized debate against Trump. Despite the debate backlash, Biden's reelection effort has $240 million in cash on hand.
“Our Q2 fundraising haul is a testament to the committed and growing base of supporters standing firmly behind the President and Vice President and clear evidence that our voters understand the choice in this election between President Biden fighting for the American people and Donald Trump fighting for himself as a convicted felon,” said Biden campaign manager Julie Chavez Rodriguez.
The Biden campaign said that 95% of donations were under $200, showcasing broad support from average Americans rather than heavy reliance on wealthy donors. The total fundraising figures include donations to the Biden campaign, the Democratic National Committee, and joint fundraising committees.
The Biden campaign is using its funds to maintain more than 200 campaign offices and over 1,000 staff in key battleground states. However, the president's debate performance has led to calls from some Democrats for him to step aside, prompting difficult conversations between Biden aides and important campaign financiers.
Meanwhile, Trump’s campaign advisers Chris LaCivita and Susie Wiles said that, “This fundraising momentum is likely to grow even more as we head into a world-class convention and see the Democrats continue their circular firing squad in the aftermath of Biden's debate collapse,” said Trump.