Donald Trump raised more money last month than Joe Biden for the first time in this election cycle, but the president’s campaign still holds a wide financial edge over his Republican rival.
Biden and the Democratic Party raised $51 million in April, compared with the $76 million Trump and the Republican National Committee amassed, according to statements from the campaigns. The president entered May with $192 million cash on hand, more than double what his opponent reported having in the bank.
Trump’s fundraising boost comes on the heels of attending several high-dollar fundraisers, including a Palm Beach event hosted by billionaire John Paulson, and garnering support from major donors in the oil and gas sector.