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HomeWorld newsTrump leads Biden in monthly campaign fundraising for the first time

Trump leads Biden in monthly campaign fundraising for the first time

Donald Trump raised more money than Joe Biden last month for the first time this election cycle, but the president’s campaign still has a big financial lead over his Republican rival.

Biden and the Democratic Party raised $51 million in April, compared to the $76 million collected by Trump and the Republican National Committee, according to statements from the campaigns. The president went into May with $192 million in cash, more than double what his opponent reportedly had in the bank.

Trump’s fundraising boost comes after attending several high-dollar fundraisers, including a Palm Beach event hosted by billionaire John Paulson, and garnering support from major donors in the oil and gas sector.

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