Trump is already swimming in cash for his 2020 reelection campaign

  • President Donald Trump has raised at least $US106 million for his reelection campaign since the start of his presidency in January 2017.
  • In the past quarter, Trump pulled in more than $US18 million.
  • Trump’s campaign also spent more than twice as much from July to September as it did from April to June.

President Donald Trump has raised over $US100 million for his 2020 reelection campaign, The Washington Post reported Monday, citing federal filings.

Trump has raised at least $US106 million since the start of his presidency in January 2017, including more than $US18 million in just the past quarter, The Post reported, adding that no US president since at least Ronald Reagan had raised any money for a reelection campaign at this point in his presidency. Trump appears set to carry on that momentum weeks ahead of the November midterms elections.

Last quarter, donations of $US200 or less made up more than half of Trump’s fundraising committees’ total, according to The Post.

Trump’s campaign also spent more than twice as much from July to September ($US7.7 million) as it did from April to June ($US3.6 million), The New York Times reported, citing a preview of the filings.

Of the $US7.7 million in campaign funds spent in the past quarter, $US1.6 million went toward advertising with American Made Media Consultants, a consulting firm established earlier this year by Brad Parscale, Trump’s reelection campaign manager, The Times reported.

Despite Trump’s campaign’s quarterly gains, a Democratic candidate for US Senate in Texas appears to have outearned him in the past quarter. Rep. Beto O’Rourke, a rising star in congressional politics, raked in $US38.1 million, achieving a quarterly fundraising record for a Senate election. O’Rourke’s campaign haul was more than triple the $US12 million that Sen. Ted Cruz, his Republican challenger, earned last quarter.

But more fundraising does not necessarily translate to more votes. Though O’Rourke pulled in significantly more money than Cruz in the past quarter, some recent polls indicate that Cruz has a single-digit lead.

A Quinnipiac University poll conducted earlier this month found Cruz leading by 9 percentage points, while a New York Times Upshot/Siena College poll put Cruz ahead by 8 points.

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