Trump Raises Whopping $36 million For Launching Reelection Campaign
President Donald Trump raised $36 million for the 2020 reelection campaign last week. Trump’s seven-day haul is double the entire first-quarter fundraising total for Senators Bernie Sanders of Vermont whose $18 million led the field of the two dozen Democratic Presidential hopefuls.
At Trump International Hotel in Washington, President Donald Trump raised $6 million with the presence of 225 people with the support of his joint fundraising committee, according to the Republican Officials who have direct knowledge of this matter.
The committee, known as Trump Victory, distributes the donations between the Trump campaign and the Republican National Committee.
Trump’s total event was short of $6.3 million that former Vice President Joe Biden raised in his first day of campaigning for the Democratic presidential nomination.
According to the nonpartisan Center for Responsive Politics, President Trump’s campaign the joint fundraising committees and the RNC combined to pay his hotel nearly $610,000 for events held there throughout the 2018 election cycle.
Last week President Trump led an election rally at Orlando, Florida where the RNC Chairwoman Ronna McDaniel announced that in the first 24 hours of his (Donald Trump) 2020 campaign he has brought in $24.8 million.
Donald Trump has $6 million luncheons at the Trump National Doral in Florida. Trump’s closest advisors said that they are going to raise the campaign cash as the Democrats fight to overcome the big field of contenders.
Roy Bailey, a national finance co-chairman for Trump’s reelection said, “This time next year, we hope to have a huge advantage of money on hand as the Democrats will just be selecting a nominee and will have spent all of their cash to win the nomination.”
Roy Bailey also said that the campaign is off to booming strong start and will be able to sustain the momentum through Election Day 2020.
Beyond the advantage, Trump holds of not having to spend a more larger amount of money to compete in a larger field, he’s been amassing a campaign war chest ever since moving into the White House.