Trump raises more than $100 million for 2020 re-election
October 16, 2018 21:31
US President Donald Trump has raised more than $100 million for his re-election battle in 2020, giving him a huge financial advantage over many potential Democratic contenders jockeying to challenge him, US media reports on Tuesday.
The US president raised over $18 million during the July-to-September fundraising quarter through his campaign committee and the joint fundraising operations he maintains with the Republican National Committee, according to his campaign and filings on Monday with Federal Election Commission.
That haul means Trump's re-election effort's war chest now exceeds $106 million, CNN reported.
Trump's campaign ended last month with more $35.4 million in available cash stockpiled in its bank account.
Trump, who has challenged most political rules since launching his unorthodox 2016 presidential campaign, took the unusual step of filing for re-election the day he was sworn in to office in 2017.
The 72-year-old US president began holding campaign-style rallies in the first months of his presidency.
By contrast, Barack Obama waited until the third year of his presidency to begin fundraising in earnest.
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