US presidential candidate Joe Biden raised more than three times as much money for his campaign than President Donald Trump managed in March, a potential sign of voter enthusiasm for the Democratic challenger.
Biden’s campaign said on Monday it took in $46.7 million last month despite the coronavirus health crisis that has disrupted fundraising for US politicians and hit donor finances.
It was a record haul for the former vice president and well above the $13.6 million that Trump’s campaign raised, which was a decline from the prior month. Still, Biden is entering the general election contest with a smaller war chest than what Trump, a Republican, has been amassing since 2017, according to disclosures filed by the two campaigns to the Federal Election Commission. Biden ended March with $26.4 million in the bank, an increase from February but well below Trump’s $98.5 million.
Earlier this month, Biden became the Democrat’s defacto nominee to take on Trump in the November election after rival Democratic candidate Bernie Sanders dropped out of the contest.
Biden’s campaign had struggled with fundraising early in his candidacy but now hopes a unified front in their party will help him raise money. Sanders and other former rivals have endorsed him, and several are helping him with fundraising.[L1N2C404I] Biden’s fundraising surge in March drew from both small and large donors. About 40% of the cash raised during the month came from people who had given less than $200 during the current election cycle, a similar share as in February. Fundraising events have largely moved online as the coronavirus outbreak has upended American life.
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