President Trump and the Republican National Committee (RNC) combined to raise about $74 million in May, a record haul for the month but one that fell behind the total garnered by former Vice President Joe Biden and the Democratic National Committee (DNC) in the same period.
The May figure was about $12 million more than Trump and the RNC raised in April, bringing their total haul for the cycle to date to more than $817 million. The average donation for May amounted to $46, and the two bodies have $265 million cash on hand combined.
Biden and the DNC raised nearly $81 million dollars in May, marking their single best month of fundraising for the 2020 cycle. However, they are still believed to face a yawning cash-on-hand deficit. Biden and the DNC did not not announce a cash-on-hand total for May but at the end of April said they had approximately $100 million in cash reserves.
“After yet another massive fundraising haul, it remains clear that the enthusiasm behind President Trump’s re-election campaign goes unmatched. While Sleepy Joe Biden lobs ineffective partisan attacks from the shadows of his basement, President Trump is leading The Great American Comeback and he is drawing support from every corner of this country,” said Trump Campaign Manager Brad Parscale.
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