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Biden rakes in big bucks last month, but haul is far short of Trump's massive May fundraising

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Biden rakes in big bucks last month, but haul is far short of Trump's massive May fundraising

President Biden’s 2024 re-election campaign and the Democratic National Committee raised a combined $85 million in May, which is their second-best month of fundraising this election cycle.

But the money raised by Biden and the DNC is far short of the staggering haul raised by former President Trump’s campaign and the Republican National Committee last month.

In announcing their May fundraising figures on Thursday evening, the Biden campaign also highlighted that they had a massive $212 million cash-on-hand as of the end of May. 

“Our strong and consistent fundraising program grew by millions of people in May, a clear sign of strong and growing enthusiasm for the President and Vice President every single month,” Biden campaign manager Julie Chavez Rodriguez said in a statement. 

BIDEN STRIKES GOLD IN CALIFORNIA, ONE WEEK AFTER TRUMP’S MASSIVE HAUL IN THE BLUE BASTION 

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President Biden’s re-election campaign scolded MSNBC and CNN on Wednesday for ignoring a “Black Voters for Biden-Harris” rally in Philadelphia. (Demetrius Freeman/The Washington Post via Getty Images)

Biden’s announcement came on the final day the presidential campaigns had to file their May fundraising figures with the Federal Election Commission (FEC).

But the Trump campaign didn’t wait for the deadline to tout its May fundraising haul.

The former president’s campaign announced two and a half weeks ago that they and the RNC, fueled in part by the former president’s guilty verdicts in his criminal trial, combined hauled in a stunning $141 million in fundraising in May.

That was up from the $76 million they raised in April when they topped President Biden and the Democratic National Committee for the first time in their 2024 election rematch. 

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Donald Trump arrives to Trump Tower after being found guilty

Former President Donald Trump arrives at Trump Tower on May 30, 2024 in New York City after being found guilty on 34 counts of falsifying business records in the first degree. (Felipe Ramales for Fox News Digital)

Spotlighting their grassroots appeal, the Trump campaign said that the average dollar donation was $70.27 with 25% of the donors in May being first time contributors to the former president’s 2024 run.

The Trump cash announcement came in the wake of what his campaign showcased as “record-shattering” fundraising immediately after he was found guilty of all 34 felony counts in the first trial of a former or current president in the nation’s history.

The former president’s campaign highlighted that in the first 24 hours following Thursday evening’s verdict, they and the RNC hauled in nearly $53 million in fundraising, which counted towards May’s total. 

BILL AND HILLARY CLINTON HELP BIDEN RAISE BIG BUCKS 

The Biden campaign also raised funds off of the Trump verdict, and a source familiar told Fox News that “the 24 hours after the verdict were one of the best fundraising 24 hours of the Biden campaign since launch.”

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Biden’s May haul came without any major fundraising events headlined by the president. The Biden campaign says that a majority of its May fundraising came from grassroots donors. 

The campaign has been using its funds to build up what appears to be a very formidable ground operation in the key battleground states and announced hours earlier on Thursday that they had hired their 1,000 staffer. The Biden campaign enjoys a large organizational advantage over team Trump when it comes to grassroots outreach and get-out-the-vote ground game efforts.

Biden v Trump

File photos of President Biden (left) and former President Trump ((AP Photo/Julia Nikhinson and Evan Vucci))

“The money we continue to raise matters, and it’s helping the campaign build out an operation that invests in reaching and winning the voters who will decide this election,” Chavez Rodriguez highlighted.

Biden’s campaign appears to enjoy a large cash-on-hand advantage over Trump, whose campaign didn’t report their cash-on-hand amount in announcing their May fundraising. The campaigns are not legally required to report those figures until the end of July, following the close of the second quarter of fundraising.

Biden enjoyed a $146 million to $88 million cash-on-hand advantage over Trump at the end of March, following the close of the first fundraising quarter of the year.

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Trump has been aiming to close his fundraising gap with Biden, who had regularly been outpacing Trump in monthly fundraising.

Trump at a rally

Republican presidential candidate former President Donald Trump walks to the podium at a campaign event Tuesday, June 18, 2024, in Racine, Wis. (AP Photo/Jeffrey Phelps) (AP Photo/Jeffrey Phelps)

Trump’s April haul was boosted by a record-setting $50.5 million that the former president’s campaign raked in at a single event early in the month with top dollar GOP donors that was hosted at the Palm Beach, Florida home of billionaire investor John Paulson.

Both candidates have held top dollar fundraising events so far in June.

The president set a new Democratic Party fundraising record – according to his campaign – as he hauled in over $30 million at a star-studded fundraiser on Saturday in Los Angeles with former President Obama, Hollywood heavyweights George Clooney and Julia Roberts, and late night TV talk show host Jimmy Kimmel.

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Obama smiles with Biden

President Joe Biden (L) laughs with former President Barack Obama onstage during a campaign fundraiser at the Peacock Theater in Los Angeles on June 15, 2024. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) (Getty Images)

And he brought in $8.1 million at a fundraiser at the Northern Virginia home of former Gov. Terry McAuliffe, where he was also joined by former President Bill Clinton and former Secretary of State and former Sen. Hillary Clinton, who was the Democrats’ 2016 standard-bearer.

Meanwhile, Trump’s team touted that they hauled in roughly $27.5 million during a fundraising swing by the former president in California and Nevada a week ago.

Fundraising, along with public opinion polling, is a key metric used to measure the strength of a candidate and their campaign. Money raised can be used to build up grassroots outreach and get-out-the-vote operations, staffing, travel and ads, among other things.

Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.

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Politics

Biden's address to the nation: 'I revere this office, but I love my country more'

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Biden's address to the nation: 'I revere this office, but I love my country more'

Saying, “I revere this office, but I love my country more,” President Biden formally announced the end of his bid for a second term in office with a nationally televised address from the White House on Wednesday evening.

Biden said that while his record was strong, he felt compelled to unite the Democratic Party and to throw his support behind Vice President Kamala Harris.

“I believe my record as president — my leadership in the world, my vision for America’s future — all merited a second term,” Biden said. “But nothing can come in the way of saving our democracy. That includes personal ambition.

“So I decided the best way forward is to pass the torch to a new generation. It’s the best way to unite our nation.”

Placing himself at the end of a long chain of American leaders, Biden mentioned presidents from George Washington to Franklin D. Roosevelt. Twice he noted that he was speaking from behind the Resolute Desk — a gift of Britain’s Queen Victoria that has been used by nearly every president since the 1880s.

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Biden’s family watched from just off camera, while hundreds of administration staff members attended a White House viewing party. Harris watched the address in Houston, where she was staying overnight after visiting the city’s emergency operations center for a briefing on recovery efforts following Hurricane Beryl.

Although the 11-minute speech did not mention Republican presidential nominee Donald Trump, implicit throughout was the threat Biden contends his opponent poses. (That claim stems largely from Trump’s attempt to reverse the results of the 2020 election, which he lost to Biden.)

“The defense of democracy, which is at stake, is more important than a title,” he said. “It’s not about me, it’s about you … your families, your futures. It’s about ‘we the people.’ We can never forget that and I never have.”

Biden gave a long list of his accomplishments, saying he had pulled the country out of “the worst economic crisis since the Great Depression” — caused by the COVID-19 pandemic — and signed laws that strengthened gun regulations and capped the price of prescription drugs for senior citizens.

He pledged to keep working hard in his final six months in office, saying he hoped to end the war in Gaza and bring home hostages held by Hamas; to strengthen NATO, in support of Ukraine and other nations, and to bring reforms to the U.S. Supreme Court.

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Toward the end of his remarks, he endorsed Harris. “She’s experienced. She’s tough. She’s capable,“ Biden said. “She’s been an incredible partner to me and the leader for our country.”

At one point he struck a highly personal note.

“Nowhere else on Earth could a kid with a stutter, from modest beginnings … one day sit behind the Resolute Desk, in the Oval Office, as president of the United States. Here I am,” he said. “That’s what’s so special about America. We’re a nation of promise and possibilities, of dreamers and doers, of ordinary Americans doing extraordinary things.”

Only last week, Biden had scoffed at the notion he would leave the race. Speaking at the NAACP’s national convention in Las Vegas, he called out to the audience: “So let me ask you, are you all in?” The loud response: “All in!” To which Biden retorted: “Because I’m all in!”

But just a day later, on July 17, Rep. Adam B. Schiff (D-Burbank) joined those calling on Biden to step aside, saying “it is time to pass the torch” to new leaders in the Democratic Party. Former House Speaker Nancy Pelosi (D-San Francisco) also reportedly informed Biden that she thought he could not win the Nov. 5 election.

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Political observers said the views of the two Californians were crucial to Biden’s decision, announced Sunday, to drop out of his rematch with Trump. Biden had been in Rehoboth Beach, Del., recovering from COVID-19 since last Thursday when he made the decision to withdraw.

He quickly threw his support behind Harris, saying that picking her as his running mate in 2020 was “the best decision I’ve made.” He added: “It’s time to come together and beat Trump.”

Democratic officials and rank-and-file members quickly coalesced around the vice president, making her the all-but-certain presidential nominee when the party holds its convention in Chicago, starting Aug. 19.

Harris also got good news from her campaign treasurer: She raised $81 million in the 24 hours after Biden announced that he would not seek another term — the largest campaign haul over that period in history.

The closest parallel to Biden’s speech in modern times came more than half a century ago, when President Lyndon B. Johnson used a televised address from the White House to say that he would not seek a second full term in the White House.

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Johnson spent all but the waning moments of a nearly 41-minute address, given in March 1968, to discuss America’s struggles in the Vietnam War, reiterating his offer to the North Vietnamese to begin peace talks.

He said that the nation had become too divided over the war in Southeast Asia. Given the momentous decisions he faced overseeing the war and peace talks, Johnson said, “I do not believe that I should devote an hour or a day of my time to any personal partisan causes or to any duties other than the awesome duties of this office — the presidency of your country.”

“Accordingly, I shall not seek, and I will not accept, the nomination of my party for another term as your president,” Johnson concluded.

By stepping back, Johnson opened the door to a hard-fought contest for the Democratic presidential nomination. Robert F. Kennedy appeared in a strong position to be the nominee after winning the California primary in June.

But Kennedy was assassinated at the end of his victory party in Los Angeles on June 5, 1968. Hubert Humphrey, Johnson’s vice president, went on to win the nomination. But in the fall, he lost a close election to the Republican nominee, Richard M. Nixon.

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‘Coup’ and ‘Cover-Up’: How the G.O.P. Is Reacting to the Harris Candidacy

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‘Coup’ and ‘Cover-Up’: How the G.O.P. Is Reacting to the Harris Candidacy

‘Unfit to serve’

‘Best interest’

‘Proof of life’

‘Far Left Democrats’

‘Resign’

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‘Less competent’

‘Coup’

‘Largest political cover-up’

‘25th Amendment’

‘Rigging’

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‘Where is Joe Biden?’

‘Border Czar’

‘Gaslighting and lying to each of us’

‘Wood chipper to democracy’

‘Who is running the show?’

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‘All the best’

While elected Democrats have been quick to rally around Vice President Kamala Harris after President Biden’s announcement that he would leave the 2024 presidential race, a vast majority of prominent Republicans have treated the development with suspicion or scorn.

A New York Times analysis of statements by Republican senators, representatives and governors found that their reactions to Ms. Harris’s presumptive candidacy and Mr. Biden’s withdrawal clustered around several themes, including the opinions that Mr. Biden must resign or that the events of the past few days amounted to election subversion or a bloodless coup. Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one.

Several officials also suggested that Mr. Biden — who had been in Delaware recovering from Covid-19 but returned to the White House on Tuesday — had gone missing. A greater number made statements attacking Ms. Harris’s record, while a small handful posted positive or supportive comments. Emphasis in these quotations was added by The Times to highlight common themes in the statements.

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65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference.

‘This is a coup of a puppet regime.’

‘While President Trump took a bullet for our democracy, the progressive democrats are taking a wood chipper to democracy by shredding the will of 14 million primary voters.’

‘Now the Democrats are rigging their *own* elections.’

These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Many have mocked Democrats for positioning themselves as “defenders of democracy” in contrast to Republicans, following attempts by former President Donald J. Trump and his allies to overturn the results of the 2020 election.

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Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. During the Republican National Convention last week, Chris LaCivita, a top adviser to Mr. Trump’s campaign, described the pressure on Mr. Biden to withdraw as an “attempted coup.”

97 said that Mr. Biden must resign or be ousted, or that he is unfit for office.

‘Today I’m demanding the Biden Harris cabinet invoke the 25th Amendment. If Biden isn’t capable of being a candidate, he’s not capable of being President.’

‘If Joe Biden is unable to serve another term, then he must resign right now. If he’s unfit to campaign, he should not have the nuclear codes — it’s that simple.’

‘If Joe Biden is unfit to run for re-election then he’s unfit to serve the remainder of his term.’

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Statements along these lines have primarily argued that if Mr. Biden is not able to run for a second term, then he is unfit to continue to serve now. Many said should step down from the presidency. Some have gone further, suggesting that the 25th Amendment should be invoked to remove Mr. Biden from office.

76 speculated about a high-level conspiracy in the White House about the condition of Mr. Biden’s health.

‘Kamala Harris was complicit in a massive coverup to hide and deny the fact that Joe Biden was not capable of discharging the duties of the office.’

‘The American people should fire every single politician that has been gaslighting and lying to each of us about Biden’s capability to lead our Nation. Kamala Harris is as culpable as Biden’s senior staff and family in this scheme to subvert democracy.’

‘Democrats have been complicit in the largest political cover-up in history.’

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These comments have, without providing evidence, accused Ms. Harris and other top Democrats of a cover-up to hide the state of Mr. Biden’s physical and mental fitness.

18 asked, ‘Where’s Biden?’ or implied that the president had gone missing.

‘Where is Joe Biden? Who is running the show?

‘Americans are asking: Where is Joe Biden?

‘For the third time today, I’m asking Joe Biden to provide the American people with proof of life.’

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Mr. Biden was self-isolating with Covid-19 at his family’s Delaware beach house when he made the announcement that he would step aside from the 2024 presidential race. These comments drew attention to his lack of recent public appearances, in some cases even calling for a demonstration that Mr. Biden was still alive. Mr. Biden returned to Washington Tuesday afternoon and is set to give a televised address this evening.

143 made other statements, mostly attacking Ms. Harris’s record.

‘ “Border Czar” Harris has NOT done her job to secure the border.’

‘Kamala Harris leads the Far Left Democrats’ pro-crime, anti-victim agenda.’

‘Cackling Kamala is widely considered less competent than dementia-impaired Joe Biden.’

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Dozens of Republican officials made more typically political statements, including criticizing Ms. Harris as a candidate. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading. (Some Republican candidates have already begun to run ads like this one, drawing attention to some of the more liberal positions Ms. Harris has taken in the past, particularly during her failed 2020 presidential primary campaign.)

And 9 made positive or supportive comments about Mr. Biden’s decision.

‘Fran and I wish President Biden and the First Lady all the best as he serves out the remainder of his term and in the years ahead.’

‘I understand and respect President Biden’s decision not to seek reelection. While we have political differences, I appreciate his lifelong service to our nation, which he dearly loves.’

‘I respect President Biden’s decision to act in the best interest of the country by stepping aside in the 2024 presidential election.’

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A few Republican officials wrote kindly about their relationships with Mr. Biden or sent him well wishes.

In the table below, see which Republican elected officials made which types of statements, as of Tuesday night.

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Anti-Israel agitators descend on DC ahead of Israeli PM Netanyahu's address to Congress

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Anti-Israel agitators descend on DC ahead of Israeli PM Netanyahu's address to Congress

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Anti-Israel demonstrators descended on Washington, D.C., on Wednesday ahead of Israeli Prime Minister Benjamin Netanyahu’s address to Congress. 

One demonstrator, whose face was covered, was spotted by Fox News carrying what appeared to be the flag of the terrorist group Hamas. 

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Fox News estimates that a few hundred protesters had gathered on Pennsylvania Avenue and 3rd Street, outside the Gallery of Art. They have a stage set up in front of the Capitol building and are currently chanting.

The protest organizers include Answer Coalition and Code Pink. There have been numerous speakers from various organizations, including one from the Party for Socialism and Liberation. 

HARRIS BOYCOTTS NETANYAHU, SNUBS ISRAELI LEADER’S WARTIME ADDRESS TO GIVE SORORITY SPEECH

One anti-Israel demonstrator in Washington, D.C., on Wednesday was spotted carrying the Hamas flag.  (Fox News/ Griff Jenkins)

Fox News crews witnessed numerous signs with Netanyahu’s face, labeling him a “Wanted War Criminal.” 

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Even inside Capitol Hill, Rep. Rashida Tlaib, D-Mich., held up a sign that said “war criminal” while listening to Netanyahu’s speech. 

Rashida Tlaib holding up a sign that says war criminal

Rep. Rashiada Tlaib, D-Mich., holds up a sign that says war criminal during Israeli Prime Minister Benjamin Netanyahu’s speech.  (CSPAN)

Other slogans from protesters on signs included, “Stop the Genocide,” “Stop arming Israel,” and “End all US Aid.” 

Protesters holding up signs

Washington, D.C> protesters holding up anti-Israel signs.  (Michael A. McCoy/Getty Images)

The crowds have chanted “Free Palestine” and “From the river to the sea…,” an antisemitic phrase that calls for the elimination of the state of Israel. 

Anti-Israel protests in DC

Anti-Israel protesters have gathered in Washington, D.C., ahead of Prime Minister Benjamin Netanyahu’s address to Congress.  (Fox News)

The speakers later concluded and the crowd of attendees started walking up Pennsylvania Avenue. 

Netanyahu protesters holding up an effigy

(Michael A. McCoy/Getty Images)

Protesters clashing with police

U.S. Capitol Police officers clash with anti-Israel demonstrators, on the day Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress, on Capitol Hill, in Washington, U.S., July 24, 2024.  (Reuters//Umit Bektas))

Protesters waving flags

Anti-Israel protesters march near the US Capitol as Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress on July 24, 2024, in Washington, DC. (Photo by ANDREW THOMAS/AFP via Getty Images) (Andrew Thomas/AFP via Getty Images))

Police formed a blockade on the corner of Constitution and Louisiana Avenue, and demonstrators released red and green powder into the air. 

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Police remove DC Anti-Israel protesters blocking traffic

DC Metropolitan Police clear demonstrators from blocking traffic, Wednesday, July 24, 2024, in Washington, ahead of Israeli Prime Minister Benjamin Netanyahu’s visit at the U.S. Capitol.  (AP Photo/Mike Stewart)

Some protesters yelled at the police line, “You’re a b—-.” Fox News witnessed pepper spray being used at one point. 

U.S. Capitol Police said six people were arrested after disrupting the joint meeting of Congress on Wednesday afternoon.

Police using pepper spray on protesters

Police use pepper spray as anti-Israel demonstrators as they gather on the day of Israeli Prime Minister Benjamin Netanyahu’s address to a joint meeting of Congress, on Capitol Hill in Washington, U.S., July 24, 2024. (REUTERS/Nathan Howard) (Reuters/Nathan Howard)

“All of them were immediately removed from the Gallery and arrested,” Capitol Police said in a post on X. “Disrupting the Congress and demonstrating in the Congressional Buildings is against the law.”

Capitol Police originally said five people had been arrested, but later updated it, saying, “Our officers just reported that the final number of arrests in the House Galleries was a total of six people for D.C. Code §10-503.16(b)(2), Unlawful Conduct.”

Line of anti-Israel demonstrators in DC street

Demonstrators blocking traffic on Independence Ave., near the National Mall ahead of a scheduled visit by Israeli Prime Minister Benjamin Netanyahu to the US Capitol, Wednesday, July 24, 2024, in Washington.  (AP Photo/Matt Slocum)

Earlier, D.C. Metropolitan Police Department officers were seen clearing anti-Israel protesters who were blocking traffic in the nation’s capital on Wednesday. 

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Police pepper spraying protesters

U.S. Capitol Police officers use pepper spray on anti-Israel demonstrators, on the day Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress, on Capitol Hill, in Washington, U.S., July 24, 2024. (REUTERS/Umit Bektas) (Reuters/Umit Bektas)

Police have taken people into custody near the U.S. Capitol, the Associated Press reported. 

DC officers confront anti-Israel protesters blocking street

DC police begin to clear demonstrators from blocking traffic on Independence Ave., near the National Mall, Wednesday, July 24, 2024, in Washington.  (AP Photo/Matt Slocum)

A handful of people were led away by officers, while others chanted for them to be released.

Protesters washing pepper spray out of eyes

An anti-Israel protester has his eyes washed after police used pepper spray during anti-Israel demonstrations as Israeli Prime Minister Benjamin Netanyahu’s address to Congress, on Capitol Hill in Washington, U.S., July 24, 2024.  (Reuters/Nathan Howard)

More than 1,000 people gathered Wednesday morning on Pennsylvania Avenue within sight of the Capitol building, the AP reported. 

Anna Paulina Luna, Rashida Tlaib

At one point Rep. Anna Paulina Luna, R-Fla., was seen speaking with Tlaib. (Getty Images)

A large group of protesters marched toward the Capitol after blocking a nearby intersection and calling for a “student intifada.” 

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Protesters burning effigy of Netanyahu and an American flag

Anti-Israel demonstrators burn a U.S. flag and an effigy depicting Israeli Prime Minister Benjamin Netanyahu, on the day of Netanyahu’s address to a joint meeting of Congress, on Capitol Hill in Washington, U.S., July 24, 2024. REUTERS/Nathan Howard (Reuters/Nathan Howard)

“Shut it down!” they repeatedly chanted.

Protesters burning American flag

Pro-Palestinian demonstrators burn a U.S. flag, on the day of Israeli Prime Minister Benjamin Netanyahu’s address to a joint meeting of Congress, on Capitol Hill in Washington, U.S., July 24, 2024.  (Reuters/Nathan Howard)

Pro-Palestinian-demonstrators burning effigy of Netanyahu

Anti-Israel demonstrators burn an effigy depicting Israeli Prime Minister Benjamin Netanyahu, on the day of Netanyahu’s address to a joint meeting of Congress, on Capitol Hill in Washington, U.S., July 24, 2024.  (REUTERS/Nathan Howard)

“Bibi, Bibi, We’re not done! The intifada has just begun!” demonstrators shouted, referring to Netanyahu by his nickname.

Just after 3 p.m., the U.S. Park Police said on social media that a “crowd in Columbus Circle is engaged in criminal activity and confronting law enforcement on scene. USPP is attempting to deescalate and contact the event organizer for help.”

Around 15 minutes later, the Park Police advised that the Columbus Circle protest permit had been revoked, adding “Please leave the area at this time.”

Park Police said just after 4 p.m. that a crowd remained at Columbus Circle, again advising on social media for protesters to disperse. 

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Fox News’ Meghan Tome and the Associated Press contributed to this report.

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