Those rallies look like they’re paying off.
President Trump has already raised more than $100 million for his 2020 reelection campaign — putting him far ahead of where previous incumbents were two years into their White House stay — according to new filings with the Federal Election Commission.
Trump’s campaign committee pulled in $18.1 million last quarter, pushing him to $106 million raised since he took office in 2017 when added to joint fundraising committees with the Republican National Convention.
President Trump took the unusual step, compared with his predecessors, of immediately fundraising for his reelection bid from the moment he entered office. No Republican going back to Ronald Reagan in 1980 has raised money two years into his first term, according to the Campaign Finance Institute. Barack Obama didn’t start fundraising for his 2012 reelection until the third year of his presidency.
“After 20 months in office with unparalleled results for peace and prosperity in America, President Trump has provided the results he promised,” Lara Trump, Trump’s daughter-in-law and a senior campaign adviser, said in a statement to CNN. “And grassroots America has responded to these remarkable results and the booming Trump economy with their generous support of our campaign.”
The majority of the president’s donations are $200 or less. On Monday, The New York Times reported the president has accelerated his spending on his trademark rallies and online campaigning — he’s among the top political advertisers on Google — with $7.7 million spent during the third quarter.
Despite his aggressive haul, President Trump wasn’t the biggest winner of the third quarter, though. Texas politician Beto O’Rourke, aiming to bump Ted Cruz from the Senate, raised $38.1 million during the quarter.