2024 Election /

Trump Crushes Biden in May Fundraising

Campaign and RNC raised almost $60 million more than Biden allies

Trump Crushes Biden in May Fundraising

Former President Donald Trump dominated President Joe Biden in the latest round of fundraising, raising nearly $60 million more last month than the current White House occupant despite Trump’s recent conviction on 34 felony counts and the looming possibility of imprisonment or house arrest.

In May, the Trump campaign and Republican National Committee (RNC) raised an eye-popping $141 million compared to the Biden campaign and Democratic National Committee (DNC) raising $85 million during the same period.

The fundraising haul serves as a testament to the staying power and loyal support Trump has headed into what is expected to be one of the most contentious election cycles in U.S. history.

By month's end, the Trump campaign and the RNC reported more than $170 million cash on hand, while the Biden campaign and the DNC reported $212 million cash on hand.

“Our strong and consistent fundraising program grew by millions of people in May, a clear sign of strong and growing enthusiasm for the president and vice president every single month,” Biden campaign manager Julie Chavez Rodriguez said in a statement. “The money we continue to raise matters, and it’s helping the campaign build out an operation that invests in reaching and winning the voters who will decide this election – a stark contrast to Trump’s PR stunts and photo-ops that he’s pretending is a campaign.”

A big chunk of Trump’s May donations ($53 million) — which accounted for 37.6 percent of the monthly total — came during the 24 hours after his guilty verdict was read on May 30 in the hush money case brought by New York prosecutor Alvin Bragg.

Last month’s fundraising imbalance also translated to other GOP- and DNC-aligned organizations, though it was not as pronounced.

The National Republican Congressional Committee (NRCC) reported a record-breaking $12.6 million raised, the most the committee has raised during the month of May in an election year. The group’s counterpart, the Democratic Congressional Campaign Committee (DCCC), took in $11.9 million.

“Growing the majority is a team effort, and we smashed this fundraising record with the help of everyday Americans and our incredible leadership team,” NRCC Chairman Richard Hudson said in a statement. “Families don’t feel physically or financially secure with extreme Democrats running the country; they’re opening up their wallets to ensure there is no chance Democrats continue to wreak havoc on their daily lives next year.”

*For corrections please email [email protected]*