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Tags: 2020 Elections | biden | democrats | fundraising

Biden, Democrats Raise Record $350 Million in August

Biden, Democrats Raise Record $350 Million in August
(SAUL LOEB/AFP via Getty Images)

Wednesday, 02 September 2020 07:40 AM

Joe Biden and the Democratic National Committee will report raising more than $350 million in August, according to two people familiar with the fundraising efforts, a record-setting amount for monthly fundraising as the campaign moves into the fall.

The collection follows the rollout of Biden’s vice-presidential pick, Kamala Harris, and the four-day Democratic National Convention. The campaign previously announced it raised $48 million in the two days after Harris’s announcement and $70 million after the convention.

The number could still grow because final numbers for the month have not yet been reported.

The Biden campaign declined to comment.

The previous record for monthly fundraising was $193 million set by Obama for America, the DNC and the Obama Victory Fund in September 2008, before former President Barack Obama won his first term.

Biden and the party began August with $294 million after closing the massive fundraising gap he had when he entered the race against President Donald Trump. Republicans began the month with more than $300 million, according to the campaigns.

Biden and Democrats raised $165 million in July. Trump and the RNC raised $140 million.

The Trump campaign has not yet announced its fundraising numbers for August.

© Copyright 2021 Bloomberg News. All rights reserved.


Politics
Joe Biden and the Democratic National Committee will report raising more than $350 million in August, according to two people familiar with the fundraising efforts, a record-setting amount for monthly fundraising as the campaign moves into the fall.
biden, democrats, fundraising
197
2020-40-02
Wednesday, 02 September 2020 07:40 AM
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