Trump's re-election campaign says it raises $266 million in second
quarter
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[July 02, 2020]
By Jarrett Renshaw
NEW YORK (Reuters) - President Donald
Trump’s re-election campaign and the Republican National Committee
raised $266 million during the second quarter, including $131 million in
June, a joint committee said on Wednesday.
The committee’s fundraising numbers suggest the Trump campaign is still
increasing its re-election war chest despite the health and economic
damage done by the novel coronavirus pandemic and nationwide protests
against racism that have deeply disrupted American life and hurt the
president in opinion polls.
The committee said the figures underscore Trump's ability to raise money
online and through grassroots fundraising because he was only able to
hold two in-person fundraisers in the quarter because of the pandemic.
“The Trump campaign’s monumental June fundraising haul proves that
people are voting with their wallets and that enthusiasm behind
President Trump’s re-election is only growing,” said Trump 2020 Campaign
Manager Brad Parscale.
The June figure is the largest monthly haul of 2020 for Trump.
His Democratic opponent, former Vice President Joe Biden, has yet to
release June numbers, but he and the Democratic Party outraised Trump
for the first time in May.
Biden's June numbers will include the more than $11 million Biden raised
through a virtual fundraiser with former President Barack Obama.
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![](../images/070220pics/news_y47.jpg)
President Donald Trump delivers remarks following the U.S. Military
airstrike against Iranian General Qassem Soleimani in Baghdad, Iraq,
in West Palm Beach, Florida, U.S., January 3, 2020. REUTERS/Tom
Brenner
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Trump, who has been campaigning for a second term since 2017, still
has far more cash on hand ahead of the Nov. 3 presidential election.
Trump and the Republican Party ended the quarter with over $295
million cash on hand, the committee said.
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(Reporting By Jarrett Renshaw; Editing by Chris Reese and Grant
McCool)
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