Trump’s Campaign War Chest Swells to $35 Million in Q2, Cementing GOP Frontrunner Status

Donald Trump, the former U.S. President, has reportedly amassed a staggering $35 million in the second quarter for his potential return to the White House.

This figure, announced on July 5, nearly doubles the amount raised in the first quarter, further solidifying Trump’s leading position in the Republican primary.

Despite facing two indictments in New York and Florida, Trump’s support base appears to be unwavering. The average contribution to his 2024 campaign stands at $34, a testament to his grassroots backing.

The fundraising period, spanning from April 1 to June 30, marks a significant uptick from the start of the year. In the first quarter, Trump’s campaign and a joint fundraising account reported a combined total of $18.8 million.

Interestingly, even after Trump’s indictment by a Manhattan grand jury in late March over alleged hush-money payments to adult film actress Stormy Daniels during his 2016 campaign, his campaign managed to raise $4 million. Following his second indictment in Miami on federal charges related to alleged stockpiling of classified documents at Mar-a-Lago and purported attempts to obstruct their return, his campaign announced that it had raised over $6.6 million. This included more than $4.5 million in online donations and $2.1 million raised at a fundraiser at his golf club in Bedminster, New Jersey.

Meanwhile, Governor Ron DeSantis’ presidential campaign announced on July 6 that it had raised $20 million in its first six weeks. His independent Super PAC has raised $130 million since its launch in early March.

In the midst of this, former Vice President Mike Pence, another GOP candidate, expressed confidence about debating the Republican frontrunners and affirmed his commitment to the Republican National Committee loyalty pledge. Despite their frequent disagreements, Pence expressed pride in the close working relationship he had with Trump for four years.