Biden campaign raises more than $53 million in Reuters February fundraising


©Reuters. FILE PHOTO: U.S. President Joe Biden meets with supporters and volunteers during a campaign event at a house in Saginaw, Michigan, U.S., March 14, 2024. REUTERS/Kevin Lamarque/File Photo

By Stephanie Kelly

WASHINGTON (Reuters) – U.S. President Joe Biden’s re-election campaign raised more than $53 million in February and has $155 million in cash on hand after raising the most grassroots fundraising since the campaign launched.

The February fundraiser came just before Biden won the Democratic Party’s nomination in March and before he raised $10 million in the 24 hours after his fiery State of the Union address.

About 1.3 million donors made nearly 3.4 million contributions, and 97% of donations were less than $200, according to a statement from Biden’s campaign, which released the data Sunday.

Biden took a fundraising trip to California in February and attended fundraisers in the Los Angeles and San Francisco areas.

Opposition to Donald Trump, who won the Republican Party’s nomination, and the GOP motivated donors.

Biden’s campaign generated $1.6 million in popular revenue in the 48 hours after the Republican primary in South Carolina, while Trump-focused emails also fueled donations, Biden’s campaign said.

“The stakes of this election could not be higher for the future of this country, and our historic fundraising effort will make sure every voter knows these stakes in November,” said Julie Chavez Rodriguez, of the Biden campaign.

A recent Reuters/Ipsos poll showed Biden had a marginal 1 percentage point lead over Trump ahead of the November election.

About 39% of registered voters in the weeklong poll said they would vote for Biden, a Democrat, if the election were held today, compared with 38% who chose Republican former President Trump.

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