President Trump and the Republican National Committee raised more than $76 million during the first three months of the year, closing out the first quarter with a stunning $82 million in the bank for 2020 as Democratic presidential candidates jockey for position and money.
The Trump campaign raised $30.3 million, reporting $40.8 million in cash on hand to spend on the president’s 2020 reelection; the RNC raised $45.8 million, finishing the period with $41 million in its coffers. Trump’s campaign organization and the national party apparatus he oversees are closely intertwined, making their combined fundraising efforts a more accurate readout of the president’s financial strength heading into the next election.
“The success of our fundraising is a testament to the continued enthusiasm and support for President Trump, his policies, and the litany of promises he has fulfilled for the American people,” RNC Chairwoman Ronna McDaniel said in a statement. “The RNC is already investing these donations into our expansive, permanent, data-driven field program to put President Trump and Republicans in prime-position for another historic election night in 2020.”
The Democratic presidential primary is in its early stages, with the leading candidates posting solid, though not overwhelming, fundraising totals from Jan. 1 to March 31, although many did not launch their campaigns until after the quarter began.
Read more at the Washington Examiner.