Joe Biden has released his third quarter fundraising numbers and they are not good. Not only did he raise less than he did in the last quarter, he is trailing candidates who are polling lower.

Alex Seitz-Wald and Mike Memoli report at NBC News:

Joe Biden trails rivals as fundraising totals plummet from last quarter

Former Vice President Joe Biden announced raising $15.2 million in the third quarter of the year, behind some rivals and short of what he raised in the previous quarter of the year.

Biden, a leading 2020 contender, has suffered shrinking poll numbers in recent weeks and the fundraising numbers announced Thursday may further fuel questions about whether he can maintain the sense of inevitably his campaign has sought to create around his candidacy.

The third quarter of the year, which spans from July to the end of September, is typically the slowest of the year, but Biden was outflanked by at least two opponents.

Sen. Bernie Sanders, I-Vt., tapped his small-dollar fundraising army for an impressive $25.3 million haul in the quarter, while Mayor Pete Buttigieg of South Bend, Indiana, who has become a darling of the left-leaning donor class, posted a $19.1 million haul.

California Sen. Kamala Harris raised less than the former vice president at $11.6 million.

No one expected Biden to pull in a massive haul like Trump and the RNC just reported, but this amount will undermine confidence in Biden’s campaign.

Matt Pearce writes at the Los Angeles Times:

Warning signs for Joe Biden as campaign falls behind with $15.2-million fundraising haul

Former Vice President Joe Biden collected $15.2 million in political donations over the last quarter, his campaign reported Thursday, a sum that places him behind Democratic rivals whom he has been leading in the polls…

Massachusetts Sen. Elizabeth Warren, who has started to challenge Biden’s front-runner status after a long and consistent climb in the polls, has not yet reported her contributions. The federal filing deadline is Oct. 15 for candidates to report contributions made between July and September, but campaigns usually release the figures earlier…

The comparatively lower sum is particularly worrying for Biden, who has spent much of his time on the campaign trail fundraising with small groups of high-rolling donors rather than meeting with larger groups of voters who are more likely to reflect the electorate.

Now we’re only waiting for Elizabeth Warren’s numbers. The fact that she has waited this long to release them is probably a pure coincidence, right?


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