Donald Trump raised $331 million in the second quarter, a fundraising haul that leaves him with more cash on hand than President Joe Biden, a development likely to intensify Democratic anxiety about the incumbent’s campaign.

That amount, raised by Trump and the Republican National Committee, surpasses the $264 million Biden and the Democratic National Committee raised in the quarter. The campaign said it now has nearly $285 million cash on hand compared to the $240 million reported by Biden — a stunning reversal in a fundraising fight that saw the president’s war chest crush his rival’s for months.