Donors channeled tens of millions of dollars to Donald Trump’s presidential campaign and the Republican National Committee immediately following his May 30 conviction on 34 felony counts of falsifying business records, all but erasing the massive fundraising advantage that President Biden’s campaign and the Democratic National Committee once held.
Biden and his allied groups have raised more money than Trump and his allies have over the course of the general-election contest. But the surge in post-conviction donations to Trump’s effort - captured in part in May reports filed to the Federal Election Commission on Thursday - has the potential to dramatically reshape the presidential race.
The full picture of the financial strength of each campaign’s effort will not be clear until later this summer, when their allied committees are required to file reports. But at the end of May, the Trump campaign and the RNC had a combined $171 million in cash on hand, surpassing the Biden campaign and the DNC’s combined total of $157 million, according to reports filed late Thursday.
20 июн 2024