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in second-quarter fundraising, highlighting a surge in donations for Trump as concerns among Democratic donors about Biden’s prospects grow.
Trump-aligned groups tripled their contributions in the second quarter compared to the first quarter, when Biden’s groups led by $49 million. Before the conviction, Trump had been trailing Biden. However, the New York jury’s guilty verdict on 34 counts of falsifying business records related to a hush money payment changed the dynamic. Compared to the same period in 2020, Trump’s fundraising has more than doubled.
Fundraisers have expressed concerns about dwindling donations, especially as prominent Democratic donors like Stewart Bainum, Mark Pincus, Reed Hastings, and Mike Moritz have suggested Biden step down.Financial Times
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