Trump leads July fundraising, but Biden closes resources gap.
U.S. President Donald Trump smiles as he addresses a coronavirus disease pandemic briefing in the Brady Press Briefing Room of the White House in Washington, U.S., August 4, 2020.President Donald Trump took in $165 million for his reelection effort in the month of July, a sum that that surpasses what his Democratic rival, Joe Biden, raised during the same period.
The sums also suggest that even in the midst of a pandemic that has curtailed conventional campaign activities, Trump has continued to spend at a vigorous pace while Biden has cut expenses and stockpiled cash. "The president's support continues to increase while Joe Biden just posted a down fundraising month from his basement," campaign manager Bill Stepien said, referring to the basement studio where Biden has been attending many of his digital-only campaign events.
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