Former President Trump and the Republican National Committee (RNC) have reportedly set a new fundraising record by raising $141 million in May. This amount surpasses the total funds raised by President Biden's campaign in both March and April. The significant disparity in fundraising figures between the two campaigns is quite striking.
President Trump's campaign managed to amass $141 million in donations during May, a month that coincided with his trial in New York, where he was ultimately found guilty on all counts. In comparison, President Biden's campaign raised $127 million over the combined months of March and April.
Notably, over 37% of Trump's donations were received after the trial verdict. In response to the substantial gap in fundraising, a junior spokesperson from the Biden campaign commented that the true test would be revealed in the upcoming financial disclosures due mid this month. The spokesperson emphasized that the crucial factor is not the amount of money raised but rather how it is utilized.
The Trump campaign disclosed that a quarter of their donations were contributed by first-time donors in this election cycle. This data, provided by the campaign, highlights the diverse support base that Trump continues to attract.
As the week progresses, the release of new polls will shed light on the public sentiment regarding the fundraising achievements of both campaigns. The financial prowess of the Trump campaign, particularly in light of recent events, and the strategic allocation of funds by both campaigns will be closely monitored in the coming days.
