Hillary Clinton Clobbers Donald Trump in Fundraising, Reports Show
Financial disclosure documents show Hillary Clinton raised $19.7 million in May, although her campaign said she had raised millions more through a joint effort with the Democratic National Committee, a separate venture that was not required to disclose its May totals by the same deadline. Clinton has $42 million in cash on hand.
Trump’s fundraising efforts brought in $3.1 million in May, according to new financial disclosure reports, while the candidate loaned his own campaign $2.2 million. Trump has about $1.3 million in cash on hand.
The Republican National Committee took in about $13 million last month, on par with what it raised in April, before the Republican Party had a presumptive nominee.
After securing the presumptive nomination in May, Trump began to set up a fundraising operation, announcing a finance chief and two joint fundraising efforts with the RNC. This data doesn’t reflect more recent efforts, like those in Texas, at events co-hosted by Trump and the RNC, where the candidate claimed last week to have raised between $12 million and $13 million in two days, though no official data has been released confirming those totals.
But official numbers show Trump’s lagging significantly behind both Clinton and his GOP predecessors. At this point in the 2012 cycle, Mitt Romney had raised $23.4 million. At the same point in 2008, John McCain had raised $21.5 million.
Ben Carson, Ted Cruz, Marco Rubio and John Kasich, all of whom have suspended their presidential campaigns, had more cash on hand at the close of this reporting period than Trump.