The president’s re-election campaign announced a substantial quarterly fund-raising haul, but it’s far short of what Donald J. Trump raised in the same quarter of his 2020 re-election campaign.
The political scion told supporters he would end his campaign as a Democratic candidate and run as an independent, potentially upsetting the dynamics of the 2024 election.
Wages are up, inflation has slowed and the White House has a new slogan. Still, President Biden’s poor marks on the economy are making Democratic worried.
Wealthy Democrats have thrown their money behind the president’s re-election bid, but for many reasons, the party’s small donors have yet to step up their contributions.
The figure far surpasses what Donald Trump raised, though it is well short of what Mr. Trump and his allies collected during the same period in the 2020 election cycle.