The Trump campaign and the RNC raked in $61.7 million, they said late Monday, while Biden and the DNC announced they took in $60.5 million
Biden five days later, followed by former President Barack Obama and Sen. Elizabeth Warren . The consolidation of support allowed Biden to strike a joint-fundraising agreement with the Democratic National Committee, giving his campaign a big financial boost.
But Biden is woefully trailing Trump’s fundraising juggernaut, which through March had a cash advantage over the Democrat of aboutWhile Biden did not release cash on hand totals for April, the Trump operation said it had over $255 million in the bank. Biden tacitly acknowledged in a written statement that the economic devastation of the coronavirus pandemic had made money scarce.
Trump has developed a high-powered digital fundraising machine that has allowed him to build a massive campaign apparatus. There are indications his support from small dollar contributors has overcome the economic calamity brought upon by the coronavirus.
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