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.