Donald Trump's campaign significantly outpaced President Joe Biden in fundraising last month, raising over $60 million more, as per federal filings. The surge in Republican fundraising was triggered by Trump's felony convictions. Biden's campaign, along with the Democratic National Committee, raised a solid $85 million in May and reported $212 million in the bank by month-end. This figure excludes an additional $40 million raised by Biden and his surrogates recently, as well as a $20 million donation from Michael Bloomberg to pro-Biden groups.
Trump's fundraising for May appeared to overshadow Biden's, with the Trump campaign and the Republican National Committee collectively raising a staggering $141 million. This included substantial donations following Trump's conviction on 34 felonies in the New York hush money case. Billionaire Timothy Mellon also contributed a remarkable $50 million to a pro-Trump super PAC post Trump's guilty verdict.
