Trump's Campaign Raises Record $141 Million in May Fundraising

Web DeskJune 4, 2024 05:41 PMpolitics
  • Trump's campaign received over two million donations in May
  • 37.6% of contributions were made online within 24 hours of verdict
  • Trump raised over $50 million online within a day of the verdict
Trump's Campaign Raises Record $141 Million in May FundraisingImage Credits: thefrontierpost
Donald Trump's campaign and the Republican National Committee achieved a record $141 million in May fundraising, surpassing Biden's campaign and indicating strong support.

Donald Trump's campaign and the Republican National Committee have announced a remarkable fundraising achievement of $141 million in May. This substantial amount includes a significant portion raised following Trump's guilty verdict in a criminal hush money trial. The decision to disclose these numbers early suggests a strong belief in the heightened support from Trump's followers and a positive outlook on his White House aspirations.

On the other hand, President Joe Biden's campaign has yet to reveal its May fundraising figures. In April, Trump and the GOP outpaced Biden and the Democratic National Committee by raising $76 million compared to over $51 million. While the exact expenditure for May remains undisclosed, this fundraising success could help bridge the financial gap with Biden that has persisted throughout the campaign.

Trump's campaign proudly shared that they received over two million donations in May, with an average contribution of $70.27 each. Noteworthy is that 37.6% of the total contributions were made online within 24 hours of the verdict announcement, with around a quarter of donors being new supporters.

The campaign's senior advisers expressed gratitude for the overwhelming support and highlighted the public's rejection of what they perceive as a biased trial against Trump. Conversely, Biden's campaign spokesperson criticized Trump's fundraising sources, alleging that wealthy individuals are supporting a convicted individual to benefit from tax cuts at the expense of working-class Americans.

Trump's campaign made headlines by raising over $50 million online within a day of the verdict, marking a historic moment as the first former president and major party nominee to face a criminal conviction in the nation's history.

The fundraising success of Trump's campaign in May has not only surpassed expectations but also indicates a strong base of support among his followers. The contrast with Biden's campaign underscores the competitive nature of the upcoming elections. As the financial race tightens, both campaigns will need to strategize effectively to secure the resources necessary for their respective campaigns.

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