As reported by Yahoo
President Donald Trump’s reelection campaign is set to report that it raised more than $30 million in the first quarter of 2019, edging out his top two Democratic rivals combined, according to figures it provided to The Associated Press.
The haul brings the campaign’s cash on hand to $40.8 million, an unprecedented war chest for an incumbent president this early in a campaign.
The Trump campaign said nearly 99% of its donations were of $200 or less, with an average donation of $34.26.
Trump’s fundraising ability was matched by the Republican National Committee, which brought in $45.8 million in the first quarter — its best non-election year total. Combined, the pro-Trump effort is reporting $82 million in the bank, with $40.8 million belonging to the campaign alone.
Trump formally launched his reelection effort just hours after taking office in 2017, earlier than any incumbent has in prior years. By contrast, former President Barack Obama launched his 2012 effort in April 2011 and had under $2 million on hand at this point in the campaign.
Obama went on to raise more than $720 million for his reelection. Trump’s reelection effort has set a $1 billion target for 2020.
Trump campaign manager Brad Parscale said in a statement that Trump “is in a vastly stronger position at this point than any previous incumbent president running for re-election, and only continues to build momentum.”