President Donald Trump’s re-election campaign ended 2019 with nearly $103 million cash in hand, which is likely to give the incumbent president an advantage over a crowd of Democratic rivals.
The campaign announced on New Year’s Day that it raised roughly $143 million more throughout the year, of which $83.4 million was banked.
Plus $19.3 million cash before it started the 2019 fundraising, the campaign ended last year with $102.7 million cash on hand, according to Newsweek.
That amount only represents fundraising for the Trump campaign and does not include finances raised by the Republican National Committee (RNC) or any other joint fundraising committees.
In the fourth quarter alone (Oct. 1 to Dec. 31), the re-election campaign raised $46 million, making the quarter its best since the beginning of the 2020 election cycle, though President Trump was impeached by the Democrat-led House in mid-December.
In a statement emailed to Newsweek, Campaign Manager Brad Parscale said, “President Trump’s unprecedented fundraising is testament to his wide grass-roots support and his stellar record of achievement on behalf of the American people.”
“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,” Parscale said. “The president’s war chest and grass-roots army make his re-election campaign an unstoppable juggernaut.”
In a comparison to Democratic candidates, former South Bend Mayor Pete Buttigieg’s campaign said his team raised over $24.7 million in the fourth quarter of 2019, with roughly 326,000 people donating. He has not disclosed how much cash his campaign has on hand.
Hawaii Rep. Tulsi Gabbard announced on Wednesday, Jan. 1, that her campaign raised roughly $3.4 million in the fourth quarter.
Another candidate, Andrew Yang said on Wednesday that he had raised just over $4 million in the last week of 2019, exceeding the $3 million goal his campaign had set on Dec. 23.
Bernie Sanders announced his campaign drew in over 5 million donations since he official announced the bid for the presidency last February. However, the Vermont senator has yet to disclose how much money he has raised in the fourth quarter of 2019.
Most Democratic candidates have also yet to release their individual amounts for the fourth quarter and the whole 2019.