President Joe Biden raised a total of $42 million in January for committees supporting his re-election effort. Iowa GOP caucuses.
The Biden campaign had $130 million in the bank at the end of the month, making January the best fundraising month since the campaign began, according to the Biden campaign, the Democratic National Committee and other related fundraising committees.
“January’s fundraising — led by a powerhouse fundraising program that continues to grow month by month — is an undisputed show of strength to kick off an election year,” campaign manager Julie Chavez Rodriguez said in a statement. “As the Biden-Harris team continues to build on the fundraising machine, Republicans are divided — either spending to fight against Donald Trump or to support Donald Trump’s extreme and defeatist agenda.”
Biden’s official campaign and the DNC will file monthly fundraising reports with the Federal Election Commission on Tuesday. The Biden Victory Fund and the Biden Action Fund, joint fundraising committees involving the state Democratic parties, will not report until April, but the Biden campaign said the $42 million figure covers all four entities.
Team Biden December is over After raising $97 million in the last quarter of 2023, it raised $117 million.
Online and other small-dollar donors gave the campaign more than $1 million in three consecutive days after Trump won the Republican primary in Iowa on Jan. 15, and averaged $1 million a day in the final days of the month, according to the campaign. .
The Trump campaign has yet to disclose how much money it raised in January.
The Biden campaign said it has added a million new email addresses to its list of supporters, which has helped generate 3 million contributions since Biden launched his bid for a second term last April.
The announcement comes as Biden prepares to head to the West Coast on Tuesday for three days of high-dollar fundraising events in Los Angeles and the Bay Area. The campaign continues to encourage small dollar gifts through contests to participate joint appearance By Biden and former presidents Barack Obama and Bill Clinton in late March.