In the latest update on campaign fundraising, President Joe Biden and the Democratic Party reported raising over $85 million in May. This figure, while impressive, falls short of the amount raised by former President Donald Trump and the Republican National Committee for the second consecutive month.
Trump's campaign received a significant boost with a $50 million contribution from billionaire Timothy Mellon to a super PAC supporting his candidacy. This injection of funds has propelled Trump's financial standing in the race.
