Outpaced by Joe Biden, Donald Trump hopes to rake in $33 million during Florida fundraiser

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Former President Donald Trump's campaign is seeking to outraise President Joe Biden next week, aiming to take in more than $33 million to top a new single-event fundraising record set by Biden on Thursday with $25 million, said a person familiar with the Trump event who spoke on condition of anonymity to discuss internal planning.

Former President Donald Trump speaks during a news conference after attending the wake of New York City police officer Jonathan Diller, Thursday, March 28, 2024, in Massapequa Park, N.Y.

“We are not only raising the necessary funds, but we are deploying strategic assets that will help send President Trump back to the White House and carry Republicans over the finish line,” said Trump campaign spokesman Steven Cheung. The haul would showcase Trump’s newfound ability to rake in massive checks now that he is the Republican Party’s presumptive nominee. Effectively controlling the RNC, Trump and his political operation can take advantage of the far higher contribution limits that apply to party committees. While candidates alone can accept a maximum donation of $3,300, under a new joint fundraising agreement between his campaign and the RNC, a single donor could stroke a check for just over $800,000.

Even though the event is slated to give his campaign a massive infusion of cash, it doesn’t alter the fact that Trump still faces considerable financial headwinds.

 

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