Former President Trump raised just over $20 million in February through his campaign and community fundraising committees, according to documents released Wednesday.
Trump’s 2024 campaign raised $10.9 million last month, and his community fundraising committee raised nearly $11 million. As of March, his entire business had about $42 million in cash on hand.
Fundraising totals have increased slightly since January, but with less than eight months until Election Day, Mr. Trump remains far behind President Biden’s campaign in terms of donations and cash on hand.
The Biden campaign raised about $53 million in February, and entered March with $155 million in cash. The president has participated in several big-ticket fundraisers on the West Coast this week and will attend another big fundraiser in New York City next week with former Presidents Barack Obama and Bill Clinton. It’s planned.
Trump, who became the Republican nominee earlier this month, could raise more money by merging his operations with the Republican National Committee. He said the RNC reported Wednesday that it had about $11 million in cash on hand at the end of February.
The former president is running out of cash to pay legal fees as he faces four separate criminal trials. He also faces a deadline to pay a $454 million judgment after a New York state judge found he was guilty of fraud by conspiring to inflate assets for tax and insurance benefits. ing.
With an additional $112,000 in interest accumulating for every day Trump doesn’t pay, the former president owed the state about $457 million as of Wednesday.
Fox News was the first to report on President Trump’s February fundraising figures.
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