Trump, Republicans raised $247.8 million in September: campaign manager

Published 10/16/2020, 07:24 AM
Updated 10/16/2020, 07:25 AM
© Reuters. 2020 presidential campaign debate in Cleveland

By Lisa Lambert

WASHINGTON (Reuters) - President Donald Trump is lagging his Democratic challenger Joe Biden in fundraising in the final weeks before the Nov. 3 election, according to figures released by his campaign manager.

Trump's re-election campaign and the Republican National Committee started the last full month before the Nov. 3 election with $251.4 million cash on hand after raising $247.8 million in September, campaign manager Tim Murtaugh tweeted late on Thursday.

The intake was around $135 million less than former Vice President Biden raised in September. But it was greater than the $210 million raised in August as Trump seeks a second term.

"President Trump hits final stretch with strength, resources, record & huge ground game needed to spread message and secure re-election," Murtaugh wrote.

Biden and his party have hauled in record amounts of cash. Biden brought in $383 million in September, setting a new record for a U.S. campaign for the second consecutive month. He is also leading Trump in national opinion polls.

© Reuters. 2020 presidential campaign debate in Cleveland

At the same time, Democratic fundraising organization ActBlue said on Thursday it collected $1.5 billion online from July to September, the most it had ever raised in one quarter. By comparison, major Republican fundraising platform WinRed said on Monday that it collected $623.5 million in the same period.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.