Trump and the Republican National Committee jointly raised $74 million, they announced on Saturday, but the president likely maintains a significant cash-on-hand advantage over Biden with $265 million in the bank. Biden and the Democratic National Committee, meanwhile, did not announce a cash-on-hand total for May.
At the end of April, Democrats had approximately $100 million in cash reserves, according to filings submitted to the Federal Election Commission at the time.
Neither Trump nor Biden have yet submitted fundraising filings covering the month of May to the nation’s chief campaign finance watchdog; those are due by midnight Saturday. However, the filings will not paint a complete picture: Not every arm of the candidates’ sprawling fundraising apparatuses are required to detail their finances this month.
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