Trump announced nearly $53 million in fundraising after the guilty verdict – U.S

Donald J. Trump's campaign announced Friday evening that he had raised nearly $53 million in the 24 hours since his felony conviction, breaking online records for Republicans and raising enough cash to help him close the financial gap with President Biden.

It's hard to put the enormity of the sum into exact perspective, but according to the feds, it will roughly match the $58 million a day Mr. Trump's main fundraising arm raised online in the last six months of 2023. record

The campaign first said Friday morning that it had raised nearly $35 million within hours of the ruling. By Friday evening, the campaign had raised up to $52.8 million in the 24 hours since Mr. Trump's guilty plea.

“This momentum is just beginning,” Susie Wiles and Chris LaCivita, two of Mr. Trump's top advisers, said in a joint statement.

The figures will not be verifiable until the campaign committee and WinRed, the Republicans' online processing platform, make their filings with the Federal Election Commission in the coming months.

Additionally, the campaign said Friday morning that about 30 percent of donors who gave online were new to WinRed, giving the former president an invaluable infusion of new people for his campaign to tap for contributions in November.

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After booking for his impeachment in Atlanta in 2023, Mr Trump's one-day haul was significantly higher than $4 million when his mug shot was released.

Cash has been one of Mr. Biden's advantages in the race so far. His main campaign committee entered May with $84 million, compared with $49 million for Mr. Trump.

The 24-hour fundraising total could erase that edge entirely, though Mr. Biden said his campaign has another $100 million in accounts that he shares with the Democratic Party. Mr. Trump's campaign did not disclose the total cash on hand with party accounts.

The Biden campaign has leveraged its cash to advertise in key battleground states since Mr. Trump emerged as the Republican nominee and since Mr. Trump has been absent from the airwaves.

The post-verdict total is far more than the $26 million the Biden campaign announced within 24 hours of naming Kamala Harris four years ago. His vice-presidential choice.

In April, Mr. Trump's operation, working in concert with the Republican National Committee, announced it had raised $76.2 million, beating for the first time the operations Mr. Biden shares with the Democratic National Committee — $51 million.

Conviction appears to be driving Democratic donations, albeit to a much lesser extent.

ActBlue, which processes online contributions for Democrats, registered three of its four largest hourly donations on Thursday evening in 2024, totaling nearly $1.3 million in one hour, according to its online ticker.

Rachel Shorey Contribution reporting.

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