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Biden’s political operation raises $51 million in April, a significant decline from March, but touts $192 million war chest




CNN

President Joe Biden The political operation raised $51 million in April, a significant decline from its fundraising in March, according to the total posted by his campaign on Monday.

Biden’s campaign and its committee still finished the month with $192 million in the bank, according to aides — a war chest they describe as the highest cash figure for any Democratic candidate in history and say enables the president to compete. Effectively with former President Donald Trump.

Trump aides announced earlier this month that he raised more than $76 million for his campaign and allied committees in April, after the presumptive GOP nominee ramped up his joint fundraising operation with the Republican National Committee and headlines high-dollar fundraisers, even as he spends portions of His week on trial in Manhattan criminal court.

It was the political process announced by Biden It raised more than $90 million in Marchwas bookended by a fiery State of the Union address at the beginning of the month and High-profile fundraising campaign In New York at the end of the month, he met with two of his predecessors, former Presidents Bill Clinton and Barack Obama.

Fundraising has been one of the bright spots for Biden’s campaign as it struggles persistently with low poll numbers and close contests in key battleground states, and a slowdown is sure to cause consternation among Democrats. But Trump’s filings also highlight potential trouble spots for his campaign: His operation continues to spend heavily on helping the former president with his legal troubles and relatively modestly on the day-to-day business of the campaign.

On Monday, Biden aides did their best to try to cast the slower pace of fundraising in a better light, pointing to what they said were signs of enduring small-dollar support and organizational strength.

Julie Chavez Rodriguez, Biden’s campaign manager, said in a statement that April’s election reflects “strong and consistent popular enthusiasm for the re-election” of Biden and Vice President Kamala Harris. She said the Trump campaign “continues to drain money” and has “no ground game.”

The Biden campaign said April was the strongest month for recurring donors yet, with those contributors giving more than $5.5 million. They also said the campaign added an additional 1 million supporters to its email lists last month.

Biden’s team said it used its money to build a ground operation with more than 150 offices and more than 500 employees across key battleground states.

Monday is the deadline for presidential campaigns and national political parties to submit monthly reports on fundraising and spending to federal election organizers.

Trump campaign aides have not released cash totals for all committees tied to his campaign efforts, but a Trump campaign report, filed Monday night, shows it finished April with $49.1 million left in the bank, only slightly better than $45.1 million. The campaign was in its war chest at the end of March.

Trump’s legal troubles continue to drain his resources and time.

New filings show that Trump’s leadership PAC, Save America, spent $3.3 million on legal fees in April and ended the month with about $1.1 million in outstanding legal bills.


The political action committee has spent about $15.6 million on legal fees this year alone, and nearly $80 million on those expenses since the start of 2021. The largest payments in April — more than $900,000 — went to Robert & Robert, the firm that I represented Trump and his party. A family in a business fraud case brought by New York Attorney General Letitia James.

This was followed by a payment of more than $850,000 last month to Todd Blanche, the lead lawyer handling Trump’s criminal trial in exchange for silence in New York. The political action committee ended the month still owing another $837,000 to Blanche.

To help pay the legal bills, Save America took back money it once donated before Trump was a candidate to a Trump-aligned super PAC called MAGA Inc.

In April, MAGA Inc. Another $2.75 million to Save America, again diverting money that could be used to help promote Trump’s candidacy to secure attorneys’ fees.

Save America Now is a beneficiary of a joint fundraising committee Trump established with the Republican National Committee and state parties that raises money from high-dollar contributors.

Both presidential candidates have been hitting the fundraising circuit in recent weeks. Biden is scheduled to appear in Fundraiser in Los Angeles next month With Obama and actors George Clooney and Julia Roberts.

Monday’s filings also highlighted how a handful of wealthy people provided financial support to Robert F. Kennedy Jr.’s long-running independent bid for the White House.

American Values ​​2024, the major pro-Kennedy political action committee, took in $5 million last month — or more than 80% of the total money it raised in that period — from Timothy Mellon, the heir to a historic banking fortune and a major backer of Trump and Trump. Other GOP candidates and their reasons.

With his latest donation, Mellon has given the pro-Kennedy group a total of $25 million so far — drawing criticism from Democrats concerned about Kennedy’s potential role as a spoiler in the close contest between Biden and Trump.

Meanwhile, Kennedy’s campaign raised about $10.7 million in April — most of which came in the form of financial aid. 8 million dollars Contributed by his deputy, Nicole Shanahan, a wealthy Silicon Valley patent attorney.

This story and headline have been updated with additional information.



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