2020 Elections

Trump campaign and Republican Party raise massive $105 million haul in the second quarter

Key Points
  • President Donald Trump's campaign and the Republican Party raise $105 million in the second quarter. 
  • It gives the president a big advantage over his roughly two dozen Democratic competitors, who have divided donors in the 2020 presidential primary. 
  • Early polls have shown the president could face competitive contests in key states such as Pennsylvania and Florida. 
U.S. President Donald Trump gestures while speaking during a rally in Orlando, Florida, U.S., on Tuesday, June 18, 2019.
Marco Bello | Bloomberg | Getty Images

President Donald Trump and the Republican Party raised a whopping $105 million in the second quarter as they prepare for a tough bid to keep the White House in 2020.

The president's campaign and his joint fundraising committees with the GOP took in $54 million during the period, the Trump campaign said Tuesday. Meanwhile, the Republican National Committee raised $51 million.

The massive haul gives Trump and the GOP a head start over the president's eventual Democratic challenger. Roughly two dozen Democratic candidates are scrapping for support — and dividing donors — in the early days of the party's 2020 presidential primary.

The Trump campaign ended June with $56 million on hand — a significant store to dip into as he makes his case for a second term in the White House. The Trump campaign will likely push the cash into voter engagement on digital platforms, social media and television as the election draws closer.

For comparison, President Barack Obama's reelection campaign reported about $46 million in receipts in the second quarter of 2011. It had about $18.8 million on hand at the time.

Seeking a different path
Seeking a different path

Trump starts with a significant edge over his potential competitors. For instance, Pete Buttigieg — who has ranked within the top five in most recent national polls of the Democratic primary — raised $24.8 million in the second quarter. He finished June with $22.6 million on hand — less than half of what Trump had.

Trump may need every dollar in what could prove a competitive reelection bid. Early polls have found Trump either trailing or locked in close contests with Democratic contenders in swing states such as Pennsylvania, Florida and North Carolina. Former Vice President Joe Biden and Sen. Bernie Sanders, I-Vt., have generally fared the best against Trump in early surveys.

The president decried polling after leaked internal surveys from earlier this year found him trailing Biden in 11 important states. Trump claimed last month that only "Fake Polls show us behind the Motley Crew" of Democratic candidates.

Trump tweet: Only Fake Polls show us behind the Motley Crew. We are looking really good, but it is far too early to be focused on that. Much work to do! MAKE AMERICA GREAT AGAIN!

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