Trump’s 2020 Campaign Fundraising Leads Democrats

Nearly $7 million in contributions in the 4th quarter of 2018 cap a strong fundraising year for Trump.

U.S. News & World Report

Trump Beats Democrats in Fundraising

President Donald Trump pauses while speaking during a healthcare roundtable in the Roosevelt Room of the White House, Wednesday, Jan. 23, 2019, in Washington.

President Donald Trump’s principal campaign committee pulled in more than $6.9 million in the final quarter of 2018.(AP Photo/Jacquelyn Martin)

Riding a powerful wave of small dollar donations, President Trump's principal campaign committee pulled in more than $6.9 million in the final quarter of 2018, per its report to the Federal Election Commission. A little under $5.1 million, or 75 percent, of that money came in the form of donations under $200, an indication of grassroots support.

The strong fourth-quarter figures cap a two-year period in which the president's reelection committee pulled in nearly $70 million from individuals and transfers from other committees. It's off to a blistering pace on the money trail. By comparison, Barack Obama's principal committee had raised a little under $3.3 million at this stage of this presidency.

Trump's campaign haul includes nearly $250,000 in individual contributions from Texas and $190,000 from deep-blue California. Donors from his home state of New York contributed nearly $82,000 to his campaign committee in the final months of 2018. As with many committees, "retired" was the most common reported occupation of individual donors, accounting for a little under $680,000 in contributions over this time period.

The president's campaign enters 2020 with a $19.3 million warchest, more than anyone in the crowded Democratic field, according to tallies from the Center for Public Integrity. Bernie Sanders currently leads the Democratic pack with totals of $9.1 and $4.7 million in his Senate and 2016 presidential committees, respectively. These funds may be transferred to a new presidential campaign, though the senator from Vermont has yet to officially declare his candidacy.

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