Trump re-election effort drew $54 million in second quarter

WASHINGTON (Reuters) – U.S. President Donald Trump and the Republican Party together raised $105 million in the second quarter this year, with Trump’s re-election campaign taking in $54 million of the total, the president’s campaign said on Tuesday.

The Republican National Committee brought in $51 million from April to June, the campaign in a statement. Together, the two entities have $100 million in cash on hand, with $56 million for Trump’s campaign and $44 million for the RNC, it said.

In the first quarter of 2019, Trump’s campaign raised more than $30 million and the RNC took in nearly $46 million from January to March.

The RNC and Trump’s campaign have linked their financial and operational forces before the November 2020 presidential election in which Trump is seeking a second term.

The groups said the uptick in donations would allow them to double their digital investment to boost online efforts to raise money and target donors.

“The RNC’s record-breaking fundraising has allowed us to identify troves of new supporters online and continue investing in our unprecedented field program,” committee chairwoman Ronna McDaniel said in a separate statement.

Trump, a real estate developer and former reality television star, had never held public office before besting 16 other Republicans to win the nomination and the 2016 U.S. election. McDaniel has dismissed any notion of a Republican challenger to Trump in 2020.

More than 20 Democrats are vying for their party’s nomination to challenge Trump for the White House next year.

South Bend, Indiana, Mayor Pete Buttigieg on Tuesday reported raising nearly $25 million in this year’s second quarter – triple his first quarter haul – putting him in the Democratic Party’s top tier.

Other Democrats are expected to announce their second quarter fundraising totals in coming days as the July 15 Federal Election Commission deadline approaches.

Senators Bernie Sanders and Kamala Farris led the Democratic pack in fundraising earlier in the year.

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