Donald Trump and Ron DeSantis are dominating the fight for campaign cash in the Republican presidential contest, according to federal filings made public Saturday. While some struggled, like former Vice President Mike Pence, others reported significant...
On the Democratic side, President Joe Biden’s reelection campaign has quickly amassed a sizeable fortune. But longshot Democratic primary opponent Robert Kennedy Jr. also raised enough to ensure he won’t be ignored.
Still, the federal reports offer several insights six months before the first primary votes are cast. Here are some key takeaways:While Trump is leading most polls, he and DeSantis are in a tier of their own on the fundraising front. Earlier in the week, DeSantis announced raising $20 million for the six weeks he was in the race. The Florida governor’s allied super PAC, which is legally barred from coordinating with the campaign, said it raised a stunning $130 million since the committee launched in March. More than half of that came from a state-level political committee once controlled by DeSantis.
Former United Nations Ambassador Nikki Haley, Sen. Tim Scott, former New Jersey Gov. Chris Christie and conservative businessman Vivek Ramaswamy announced in recent days they had reached the 40,000 donor threshold. Pence has yet to make such an announcement. Scott raised $6.1 million since announcing his campaign in May. And Ramaswamy, a 37-year-old entrepreneur, raised more than $7.7 million in the quarter, including lending his campaign $5 million from his own personal fortune. He finished the quarter with more than $9 million on hand.
Miami Mayor Francis Suarez, the only Hispanic candidate in the Republican primary, raised $945,000 since launching his campaign two weeks before the end of the quarter. California conservative Larry Elder, one of two African Americans seeking the GOP nomination, raised just $467,000.Biden and the Democratic National Committee have raised more than $72 million for his reelection in the 10 weeks since he announced his 2024 candidacy.
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