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US Presidential Elections 2020: Donald Trump Outraised by Joe Biden in May, but Holds Cash-on-hand Edge

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Washington, June 20: President Donald Trump was outraised by Joe Biden in May, taking in USD 74 million for his reelection, but he maintains a sizable advantage in cash on hand over the presumptive Democratic nominee.

The pro-Trump effort, which includes fundraising by the Republican National Committee, on Saturday reported its total days after Biden and Democrats said they had amassed nearly USD 81 million last month for his White House bid.

Trump reported having USD 265 million in the bank at the end of May. Biden and Democrats have yet to disclose their comparable numbers for that period, but the figures were expected to be available later Saturday once the campaign made its official filing with the Federal Election Commission. The total was USD 103 million in the bank at the end of April. Trump’s campaign announced this week that it raised USD 14 million last Sunday, which was the president’s birthday.¬†US Presidential Elections 2020: Amy Klobuchar Withdraws from Vice President Race, Urges Joe Biden to Pick Non-White Woman as Running Mate.

Biden on Monday brought in $6 million at a single event featuring Massachusetts Sen. Elizabeth Warren, a onetime rival for the nomination. He plans a fundraiser Tuesday with former President Barack Obama.

Trump’s campaign has begun wide-scale general election ads, spending about USD 24 million on television and digital spots over the past month, but it has come as the president’s standing in both public and private surveys has taken a hit.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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