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Trump Raises $36 Million Since Announcing Reelection Campaign a Week Ago

Trump Raises $36 Million Since Announcing Reelection Campaign a Week Ago

“This time next year, we hope to have a huge advantage of money on hand as the Democrats will just be selecting a nominee.”

President Donald Trump has raised $36 million since he announced his 2020 reelection campaign a week ago. From CNBC:

Trump’s seven-day haul is double the entire first-quarter fundraising total for Sen. Bernie Sanders of Vermont , whose $18 million led the field of two dozen Democratic presidential hopefuls.

At a donor event on Tuesday at the Trump International Hotel in Washington, the president raised $6 million with 225 people in attendance in support of his joint fundraising committee, according to Republican officials with direct knowledge of the matter.

The committee, called Trump Victory, distributes donations between the Trump campaign and the Republican National Committee.

Trump’s total for Tuesday’s event was barely short of the $6.3 million that former Vice President Joe Biden raised in his first day of campaigning for the Democratic presidential nomination.

The RNC Chairwoman claimed that Trump brought in $24.8 million in the first 24 hours.

Since the Democrat Party has over 20 candidate hopefuls, Trump’s campaign and the RNC hope they will have a financial advantage by the time the Democrats pick a candidate:

“This time next year, we hope to have a huge advantage of money on hand as the Democrats will just be selecting a nominee and will have spent all of their cash to win the nomination,” said Roy Bailey, a national finance co-chairman for Trump’s reelection.

Bailey also said the campaign is “off to a booming strong start” and will be able to sustain the momentum through Election Day 2020.

Trump already has $40 million in his war chest. The RNC continues to crush the DNC in fundraising as it has $37 million.

In order to catch up to the Republicans, the Democrats may have to ask big donors for money. The party traditionally has stayed away from those, sticking with small-dollar donors. It helped elevate Sen. Bernie Sanders (I-VT) in 2016.

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Comments

JusticeDelivered | June 28, 2019 at 8:56 am

Dems continue to descend into anarchy, I don’t see how they think this will get any of them elected.

Koch Bros, Inc. will bail out the Dems opening up the nomination for Romney.

The party traditionally has stayed away from those, sticking with small-dollar donors.

The Dem’s “small donor” thing is fake.

Recall those small donations pouring into Hillary’s coffers? (Was it in 2008? My, how tempus fugits.) Supposedly donated by itinerant dishwashers in Chinatowns across America, and impossible to trace (and thereby verify) . . . but undoubtedly from Beijing, which has always found the Clinton machine to be most “cooperative.” And then Obama’s credit-card donation scheme, deliberately configured to keep no records of all those small donors. Small donors, uh-huh, sure they are. The Dem’s big money comes from Wall Street, Hollywood, and big corporate America. But if they make too big a deal about their new shiny object—communism—too big, much of that may dry up.

buckeyeminuteman | June 28, 2019 at 9:32 am

Don’t get too cocky about Trump securing the nomination. You can count on Kasich running against him. Then again, I don’t recall him being on the debate stage these past two evenings.

    Gremlin1974 in reply to buckeyeminuteman. | June 28, 2019 at 11:00 am

    I expect a third party run from one of the “conservative” mid level names. Maybe Kasich, but as far as the GOP nomination it is a given that Trump will get it, unless he decides to bow out for some reason.

Your joking about the “small donors not big donors”, right?
What a joke, and you actually wrote that…

Don’t be so sure Trump will win the nomination?
Another joke? This is joke Friday?
Kasich lol lol lol lol

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