Finance  account  money Trump Campaign and R.N.C. Raise $125 Million in Third Quarter

Finance account money Trump Campaign and R.N.C. Raise $125 Million in Third Quarter

Politics|Trump Campaign and R.N.C. Raise $125 Million in Third Fund-Raising QuarterThe huge infusion of money confirms that President Trump is buildin

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Finance account money Politics|Trump Campaign and R.N.C. Raise $125 Million in Third Fund-Raising QuarterThe huge infusion of money confirms that President Trump is building an enormous war chest heading into the 2020 election.ImageSupporters of President Trump at a rally in Rio Rancho, N.M., last month.CreditCreditErin Schaff/The New York TimesOct. 1, 2019WASHINGTON — President Trump’s re-election campaign and the Republican National Committee raised a combined $125 million in the last three months, Republican Party officials said on Tuesday, setting a presidential fund-raising record.The huge infusion of money confirms that the president is building an enormous war chest heading into the 2020 election while the Democrats are set to spend the next several months arguing over their nominee. Mr. Trump’s fund-raising effort included several recent emails, tweets and text messages urging supporters to donate to help protect his presidency after House Democrats announced an impeachment inquiry into the president’s dealings with Ukraine and other matters.Officials said that the various Trump-related committees have raised a combined $308 million this year, and have $156 million in cash on hand.The numbers were reported by The Associated Press, and a campaign official confirmed their accuracy.Several Democratic candidates reported far smaller fund-raising amounts for the third quarter on Tuesday. Senator Bernie Sanders of Vermont reported bringing in $25.3 million; Mayor Pete Buttigieg of South Bend, Ind., announced that he had raised $19.1 million; Senator Kamala Harris of California said she had an $11.6 million haul; and Senator Cory Booker of New Jersey disclosed raising more than $6 million.In the last several years, the ability of political party committees to raise huge sums has been transformed following a Supreme Court decision on campaign finance limits as well as a lift of the cap on what committees could raise from individuals.When President Barack Obama and the Democratic National Committee raised a combined $70 million in the same quarter of 2011, it was in smaller increments, meaning they needed to raise funds from more people.Still, the war chest that Mr. Trump has amassed gives him a significant edge in spending before the general election campaign begins in earnest.Maggie Haberman is a White House correspondent. She joined The Times in 2015 as a campaign correspondent and was part of a team that won a Pulitzer Prize in 2018 for reporting on Donald Trump’s advisers and their connections to Russia. Previously, she worked at Politico, The New York Post and The New York Daily News. @maggieNYT
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