President Trump’s campaign raked in a whopping $46 million in the fourth quarter of 2019, fueled in part by a backlash from his base against House Democrats’ impeachmentefforts and blowing past any of his would-be Democratic rivals.
The incumbent now starts the election year sitting on a nearly $103 million war chest.
Trump's reelection campaign touted their fundraising efforts Thursday, noting that the fourth quarter marked the best fundraising quarter for the campaign in the 2020 cycle.
“President Trump’s unprecedented fundraising is testament to his wide grassroots support and his stellar record of achievement on behalf of the American people,” Trump 2020 campaign manager Brad Parscale said in a statement. “Democrats and the media have been in a sham impeachment frenzy and the President’s campaign only got bigger and stronger with our best fundraising quarter this cycle.”
He added: “The President’s war chest and grassroots army make his re-election campaign an unstoppable juggernaut.”
The campaign raised a total of $143 million in 2019.
The new figures represent only funds raised by the Trump reelection campaign and do not include funds raised by the Republican National Committee or any authorized joint fundraising committees.
Last month, however, Fox News exclusively reported on the RNC’s record-breaking fundraising numbers amid the impeachment drive against the president. The RNC hauled in $20.6 million in November and reported having $63.2 million in cash — marking the most cash-on-hand the party has had since before the 2012 presidential election.
“Democrats’ baseless impeachment charade has only served to bolster our base and attract more voters to our cause and the result is another record-breaking fundraising month,” RNC Chairwoman Ronna McDaniel told Fox News last month.
The GOP fundraising underscores how Republicans have sought to turn the impeachment fight to their advantage, tapping into an outraged base to fuel not only the president's 2020 reelection effort but also a political offensive against congressional Democrats. Republicans were specifically using their November success to bolster their “Stop the Madness” campaign, a national counter-impeachment push targeting House Democrats that was launched in September.
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11.28.2024