The Republican National Committee (RNC) and President Donald Trump’s reelection campaign built up a solid war chest to take on Democrats in 2020.
In total, the two operations brought in more than $105 million in the second quarter of 2019. Moreover, the campaign and the RNC have been using that money wisely, leaving them with more than $100 million in cash-on-hand.
The Trump campaign alone raked in $54 million following their official campaign kick off in mid-June. The RNC brought in $51 million to put toward winning back the majority in the House of Representatives while protecting the majority in the Senate.
This massive fundraising haul surpassed that of then-President Barack Obama’s second-quarter fundraising prior to his reelection in 2012. The Obama campaign brought in $47 million and the Democratic National Committee (DNC) only brought in $38 million for a total of $85 million.
Republican officials took to Twitter to brag about the success of their fundraising efforts ahead of the 2020 election. Trump campaign manager Brad Parscale claimed the president has “historic momentum” behind his 2020 reelection. RNC Chairwoman Ronna McDaniel claimed the fundraising haul puts the party in “prime position” for Trump’s reelection.
— Brad Parscale (@parscale) July 2, 2019
— Ronna McDaniel (@GOPChairwoman) July 2, 2019
Across the aisle, Democrats have been spreading their money around, divvying up their cash between the DNC and the 24 candidates for president.
South Bend Mayor Pete Buttigieg (D-Ind.) had a strong second quarter of his campaign, bringing in nearly $25 million. While the mayor was proud to announce his fundraising haul, other 2020 campaigns have been less forthcoming with their fundraising totals.
Sen. Kamala Harris (D-Calif.) noted that she brought in $2 million after her strong debate performance last week, but hasn’t released any information on total cash brought in during the second quarter.
Former Vice President Joe Biden’s campaign claimed they had a fundraising boost after the debate, despite his dismal performance and the consequent drop in the polls. However, the campaign didn’t release any numbers as to how much the campaign brought in.
Biden had raised nearly $20 million as of June 18, but it remains unclear if he brought in more than $5 million following the debate to top the fundraising haul brought in by Buttigieg.
Fundraising totals for all candidates and party committees will be clear on Federal Election Commission’s second-quarter filing deadline of July 15, though more campaigns may choose to release their numbers early.