Major donors to President Biden's campaign expressed disappointment over former President Trump's fundraising haul, which allowed him to make up the gap with Biden.
Donors to President Biden’s re-election campaign are feeling the heat after former President Trump’s recent fundraising hauls erased what was seemingly an insurmountable cash gap. 'There was the strategy of raising all this money on the front end so we could have this huge edge,' a major Biden donor, who wanted to remain anonymous, told Politico in a report Sunday. 'The whole point of it was to come out with a sizable cash advantage and, you know, we’re now even and it’s June.
Another major Biden donor, who was also granted anonymity by Politico, described the new fundraising developments as 'disappointing, but not surprising.' Trump’s massive fundraising hauls come after he clinched the GOP nomination in early March, recording another major surge after being convicted on 34 felony counts in New York in May. Trump’s haul also comes as Make America Great Again Inc.
Biden’s campaign also raised $40 million last week after major fundraising events in Los Angeles and Northern Virginia, while another major fundraiser in Philadelphia scheduled for Monday is already sold out, Politico reported. Nevertheless, the president finds himself behind in the money race for the first time in the general election campaign, with reports filed Thursday indicating that Trump and the Republican National Committee have $116.5 million in cash compared to the $91.
The challenger shouldn’t even be close on the money side, especially a guy who’s convicted of felonies,' Sheinkopf added. 'How is this possible, is what the Democrats should be asking.… That’s what they should be worried about.' The Biden and Trump campaigns did not immediately respond to a Fox News Digital request for comment.
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