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Cash Dash: Trump tops Biden in fundraising battle the past three months

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Cash Dash: Trump tops Biden in fundraising battle the past three months

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Former President Trump’s campaign says it has out raised President Biden over the past three months and showcases that it has more cash-on-hand.

Trump’s campaign announced on Tuesday that it and the Republican National Committee hauled in a staggering $331 million during the April through June second quarter of 2024 fundraising, topping the massive $264 million raked in by the Biden campaign and the Democratic National Committee the past three months.

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And the former president’s campaign spotlighted that it had $284.9 million in its coffers as of the end of June, compared to $240 million for Biden.

BIDEN MEETING WITH DEMOCRATIC GOVERNORS WEDNESDAY AS HE TRIES TO SHORE UP PARTY SUPPORT FOR 2024 CAMPAIGN

Former US President Donald Trump speaks during a campaign event at Historic Greenbrier Farms in Chesapeake, Virginia, US, on Friday, June 28, 2024. (Parker Michels-Boyce/Bloomberg via Getty Images)

But Biden hauled in $127 million in June fundraising, topping the $111.8 million Trump raised last month.

“President Trump’s campaign fundraising operation is thriving day after day and month after month. Winning this quarter brought us a cash on hand advantage, which is punctuated by a Biden burn rate that grows while yielding no tangible results for them,” Trump co-campaign managers Chris LaCivita and Susie Wiles emphasized in a statement.

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BIDEN TRIES TO FLIP THE SCRIPT ON NEGATIVE NARRATIVE COMING OUT OF DISASTROUS DEBATE WITH TRUMP

The Trump and Biden campaign cash reports were released as the president’s campaign tries to flip the script on the brutal narrative coming out of last week’s first debate.

Biden, who at age 81 is the oldest president in the nation’s history, is facing the roughest stretch of his bid for a second term in the White House. This, after his halting delivery and stumbling answers at the debate, sparked widespread panic in the Democratic Party and spurred calls from political pundits, editorial writers and some party elected officials and donors for Biden to step aside as the party’s 2024 standard-bearer.

President Biden and former President Trump debated on Thursday night.  (Getty Images)

A sizable chunk of Biden’s June’s haul was raked in at a star-studded fundraiser in Los Angeles with former President Obama, Hollywood heavyweights George Clooney and Julia Roberts, and late night TV talk show host Jimmy Kimmel. The campaign said after the event that it set a new Democratic Party fundraising record with a $30 million haul. 

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The president also brought in over $8 million a few days later at a fundraiser at the Northern Virginia home of former Gov. Terry McAuliffe, where Biden 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.

NEW POLLS RAISE RED FLAGS FOR BIDEN 

But boosting the June fundraising to higher heights was the $33 million the campaign says was raised last Thursday through Saturday, the day of the first presidential debate and the following two days. And the Biden campaign showcased that their single best hour of fundraising this cycle came during the 11pm to midnight eastern hour on Thursday, immediately after the end of the debate with Trump in Atlanta, Georgia.

But boosting the June fundraising to higher heights was the $33 million the campaign says was raised last Thursday through Saturday, the day of the first presidential debate and the following two days. And the Biden campaign showcased that their single best hour of fundraising this cycle came during the 11pm to midnight eastern hour on Thursday, immediately after the end of the debate with Trump in Atlanta, Georgia.

President Joe Biden reacts after speaking at a campaign rally in Raleigh, N.C., Friday, June 28, 2024.  (AP Photo/Matt Kelley)

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Biden and the DNC enjoyed a large fundraising lead over Trump and the Republican National Committee earlier this year. But Trump and the RNC topped Biden and the DNC in fundraising for the first time in April.

And in May, the Trump campaign and the RNC, fueled in part by a fundraising surge following the former president’s history-making guilty verdicts in his criminal trial, combined hauled in a stunning $141 million, easily besting Biden and the DNC.

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.

The Biden 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 two weeks ago that they had hired their 1,000th staffer and had opened over 200 coordinated offices in the swing states. The Biden campaign enjoys a large organizational advantage over the Trump campaign when it comes to grassroots outreach and get-out-the-vote ground game efforts in the states that will likely decide the outcome of the election rematch.

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“Team Biden-Harris grew its historic war chest while also significantly expanding its footprint and operations both in HQ and across the key states – the resources needed to win a close election,” the campaign highlighted in a release.

CHESAPEAKE, VIRGINIA – JUNE 28: Republican presidential candidate, former U.S. President Donald Trump walks offstafe after giving remarks at a rally at Greenbrier Farms on June 28, 2024, in Chesapeake, Virginia.  (Anna Moneymaker/Getty Images)

But the Trump campaign argues that Biden’s team has been wasting their money.

“Despite Biden spending nearly $120 million on tv, cable and radio alone, polling and voter enthusiasm continue to grow for President Trump. This fundraising momentum is likely to grow even more as we head into a world-class convention and see the Democrats continue their circular firing squad in the aftermath of Biden’s debate collapse,” LaCivita and Wiles argued in their statement.

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

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Video: Fed Chair Responds to Inquiry on Building Renovations

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Video: Fed Chair Responds to Inquiry on Building Renovations

new video loaded: Fed Chair Responds to Inquiry on Building Renovations

transcript

transcript

Fed Chair Responds to Inquiry on Building Renovations

Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve chair, lied to Congress about the scope of renovations of the central bank’s buildings. He called the probe “unprecedented” in a rare video message.

“Good evening. This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions, or whether instead, monetary policy will be directed by political pressure or intimidation.” “Well, thank you very much. We’re looking at the construction. Thank you.”

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Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve chair, lied to Congress about the scope of renovations of the central bank’s buildings. He called the probe “unprecedented” in a rare video message.

By Nailah Morgan

January 12, 2026

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San Antonio ends its abortion travel fund after new state law, legal action

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San Antonio ends its abortion travel fund after new state law, legal action

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San Antonio has shut down its out-of-state abortion travel fund after a new Texas law that prohibits the use of public funds to cover abortions and a lawsuit from the state challenging the city’s fund.

City Council members last year approved $100,000 for its Reproductive Justice Fund to support abortion-related travel, prompting Texas Attorney General Ken Paxton to sue over allegations that the city was “transparently attempting to undermine and subvert Texas law and public policy.”

Paxton claimed victory in the lawsuit on Friday after the case was dismissed without a finding for either side.

WYOMING SUPREME COURT RULES LAWS RESTRICTING ABORTION VIOLATE STATE CONSTITUTION

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Texas Attorney General Ken Paxton claimed victory in the lawsuit after the case was dismissed without a finding for either side. (Hannah Beier/Bloomberg via Getty Images)

“Texas respects the sanctity of unborn life, and I will always do everything in my power to prevent radicals from manipulating the system to murder innocent babies,” Paxton said in a statement. “It is illegal for cities to fund abortion tourism with taxpayer funds. San Antonio’s unlawful attempt to cover the travel and other expenses for out-of-state abortions has now officially been defeated.”

But San Antonio’s city attorney argued that the city did nothing wrong and pushed back on Paxton’s claim that the state won the lawsuit.

“This litigation was both initiated and abandoned by the State of Texas,” the San Antonio city attorney’s office said in a statement to The Texas Tribune. “In other words, the City did not drop any claims; the State of Texas, through the Texas Office of the Attorney General, dropped its claims.”

Texas Attorney General Ken Paxton said he will continue opposing the use of public funds for abortion-related travel. (Justin Lane/Reuters)

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Paxton’s lawsuit argued that the travel fund violates the gift clause of the Texas Constitution. The state’s 15th Court of Appeals sided with Paxton and granted a temporary injunction in June to block the city from disbursing the fund while the case moved forward.

Gov. Greg Abbott in August signed into law Senate Bill 33, which bans the use of public money to fund “logistical support” for abortion. The law also allows Texas residents to file a civil suit if they believe a city violated the law.

“The City believed the law, prior to the passage of SB 33, allowed the uses of the fund for out-of-state abortion travel that were discussed publicly,” the city attorney’s office said in its statement. “After SB 33 became law and no longer allowed those uses, the City did not proceed with the procurement of those specific uses—consistent with its intent all along that it would follow the law.”

TRUMP URGES GOP TO BE ‘FLEXIBLE’ ON HYDE AMENDMENT, IGNITING BACKLASH FROM PRO-LIFE ALLIES

Texas Gov. Greg Abbott signed a law in August that blocks cities from using public money to help cover travel or other costs related to abortion. (Antranik Tavitian/Reuters)

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The broader Reproductive Justice Fund remains, but it is restricted to non-abortion services such as home pregnancy tests, emergency contraception and STI testing.

The city of Austin also shut down its abortion travel fund after the law was signed. Austin had allocated $400,000 to its Reproductive Healthcare Logistics Fund in 2024 to help women traveling to other states for an abortion with funding for travel, food and lodging.

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California Atty. Gen. Rob Bonta opts against running for governor. Again.

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California Atty. Gen. Rob Bonta opts against running for governor. Again.

California Atty. Gen. Rob Bonta announced Sunday that he would not run for California governor, a decision grounded in his belief that his legal efforts combating the Trump administration as the state’s top prosecutor are paramount at this moment in history.

“Watching this dystopian horror come to life has reaffirmed something I feel in every fiber of my being: in this moment, my place is here — shielding Californians from the most brazen attacks on our rights and our families,” Bonta said in a statement. “My vision for the California Department of Justice is that we remain the nation’s largest and most powerful check on power.”

Bonta said that President Trump’s blocking of welfare funds to California and the fatal shooting of a Minnesota mother of three last week by a federal immigration agent cemented his decision to seek reelection to his current post, according to Politico, which first reported that Bonta would not run for governor.

Bonta, 53, a former state lawmaker and a close political ally to Gov. Gavin Newsom, has served as the state’s top law enforcement official since Newsom appointed him to the position in 2021. In the last year, his office has sued the Trump administration more than 50 times — a track record that would probably have served him well had he decided to run in a state where Trump has lost three times and has sky-high disapproval ratings.

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Bonta in 2024 said that he was considering running. Then in February he announced he had ruled it out and was focused instead on doing the job of attorney general, which he considers especially important under the Trump administration. Then, both former Vice President Kamala Harris and Sen. Alex Padilla (D-Calif.) announced they would not run for governor, and Bonta began reconsidering, he said.

“I had two horses in the governor’s race already,” Bonta told The Times in November. “They decided not to get involved in the end. … The race is fundamentally different today, right?”

The race for California governor remains wide open. Newsom is serving the final year of his second term and is barred from running again because of term limits. Newsom has said he is considering a run for president in 2028.

Former Rep. Katie Porter — an early leader in polls — late last year faltered after videos emerged of her screaming at an aide and berating a reporter. The videos contributed to her dropping behind Riverside County Sheriff Chad Bianco, a Republican, in a November poll released by the UC Berkeley Institute of Governmental Studies and co-sponsored by The Times.

Porter rebounded a bit toward the end of the year, a poll by the Public Policy Institute of California showed, however none of the candidates has secured a majority of support and many voters remain undecided.

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California hasn’t elected a Republican governor since 2006, Democrats heavily outnumber Republicans in the state, and many are seething with anger over Trump and looking for Democratic candidates willing to fight back against the current administration.

Bonta has faced questions in recent months about spending about $468,000 in campaign funds on legal advice last year as he spoke to federal investigators about alleged corruption involving former Oakland Mayor Sheng Thao, who was charged in an alleged bribery scheme involving local businessmen David Trung Duong and Andy Hung Duong. All three have pleaded not guilty.

According to his political consultant Dan Newman, Bonta — who had received campaign donations from the Duong family — was approached by investigators because he was initially viewed as a “possible victim” in the alleged scheme, though that was later ruled out. Bonta has since returned $155,000 in campaign contributions from the Duong family, according to news reports.

Bonta is the son of civil rights activists Warren Bonta, a white native Californian, and Cynthia Bonta, a native of the Philippines who immigrated to the U.S. on a scholarship in 1965. Bonta, a U.S. citizen, was born in Quezon City, Philippines, in 1972, when his parents were working there as missionaries, and immigrated with his family to California as an infant.

In 2012, Bonta was elected to represent Oakland, Alameda and San Leandro as the first Filipino American to serve in California’s Legislature. In Sacramento, he pursued a string of criminal justice reforms and developed a record as one of the body’s most liberal members.

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Bonta is married to Assemblywoman Mia Bonta (D-Alameda), who succeeded him in the state Assembly, and the couple have three children.

Times staff writer Dakota Smith contributed to this report.

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