Tuesday, October 16, 2018

RECORD BREAKING: Trump Tops $100 Million in Fundraising for his Own Reelection Two Years in


President Donald Trump has topped $100 million in fundraising for his 2020 reelection bid - an enormous haul for a president barely two years into his first term, according to new figures reported by his 2020 campaign.

Trump pulled in more than $18 million last quarter through his campaign committee and two joint fundraising committees with the Republican National Committee, for a total of at least $106 million since January 2017, according to his campaign and federal filings. His reelection committee entered October with a stockpile of more than $35 million, the campaign said.

The figures are expected to be reported in new Federal Election Commission records due to be filed Monday night.

No other president dating back to at least Ronald Reagan had raised as much money as Trump at this point in his first term, according to the Campaign Finance Institute, a nonpartisan research group.

Unlike his predecessors, Trump began fundraising for his reelection shortly after his 2016 win.

Trump continues to be buoyed by an avid small donor base. According to his campaign, 98 percent of the total raised last quarter came from donations of $200 or less.

Despite his haul, Trump was not the biggest fundraiser last quarter. Rep. Beto O'Rourke, the Democratic challenger to GOP incumbent Sen. Ted Cruz in Texas, reportedly raised more than twice as much, pulling in $38.1 million - a new quarterly fundraising record for a Senate campaign.

Lara Trump, senior adviser to the Trump campaign, said in a statement that the campaign hopes to see its grass-roots supporters "and millions more like them to get out and vote in the midterms so President Trump can continue to build on his agenda with even greater success for the forgotten men and women of this great country."

- Source, Greenwich Time