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Joe Biden Raises $141 Million For Second Straight Month

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Former Vice President Joe Biden and the Democratic National Committee raised $141 million in June, his campaign announced Wednesday night, topping the total haul of President Donald Trump and the Republican National Committee for the second straight month.

Trump and the RNC combined to raise $131 million. 

Both campaigns massively improved upon their fundraising from May, when Biden and the DNC banked $80.8 million and Trump raised $74 million.

Biden has now outraised Trump in both months since reaching a joint fundraising agreement with the DNC in late April, which allowed him to raise much larger sums from a single donor. Trump and the RNC have had a joint fundraising agreement for years.

The Trump campaign, which is trailing by significant margins in public polling, has long planned to have a major financial advantage over the Democratic nominee. But Biden’s fundraising strength, powered by donors large and small, likely means that advantage is smaller than the Republicans would like.

The Trump campaign said it has more than $295 million on hand, while the Biden campaign did not release a total. The Biden campaign ended May with just $82 million in the bank. 

The Trump campaign announced its fundraising total with great bombast and confidence earlier Wednesday only to be one-upped by Biden’s team Wednesday night.

“After yet another haul of record-breaking support, the voters are speaking loud and clear ― they support President Trump,” RNC Chair Ronna McDaniel said in a statement at the time. “As Joe Biden remains hidden in his basement, President Trump is leading this country to a Great American Comeback that will reignite our economy, restore law and order, and usher in a new era of strength.” 

“There’s real, grassroots energy for Joe,” Biden campaign manager Jennifer O’Malley Dillon countered on Twitter, noting the Biden campaign’s fundraising list had grown by more than 2.6 million people over the past three months. 

The Biden campaign’s haul was part of an auspicious month for the finances of left-leaning groups and campaigns. The wave of activism powered by the Black Lives Matter movement and growing concerns over the coronavirus pandemic led to a record-shattering $392 million in payments through ActBlue, a digital donation processor for Democrats and liberal groups. 

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