President Joe Biden's 2024 re-election team and his party said on Sunday that they raised $71 million during the latest quarter, as the Democrat's age and low approval ratings remained a concern for many donors. The money raised is similar to the $72 million Biden and the...
President Joe Biden's 2024 re-election team and his party said on Sunday that they raised $71 million during the latest quarter, as the Democrat's age and low approval ratings remained a concern for many donors. The money raised is similar to the $72 million Biden and the Democratic Party raised in the prior quarter, though the April-to-June period was shorter by 25 days because Biden launched his campaign in late April.
Biden's campaign, which is based in his hometown of Wilmington, Delaware, said it will use funds raised so far to hire staff, organize in competitive states and launch advertising campaigns. Fundraising sums announced by Biden's campaign cannot be directly compared with Republican rivals because they include party accounts controlled by Biden allies.
Earlier this month, Trump said his campaign raised over $45.5 million in the July-to-September quarter. His closest rival, Florida Governor Ron DeSantis, reported raising $15 million during the same period. Trump's fundraising efforts have benefited from supporters who regard his four criminal indictments as politically motivated.
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