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Trump campaign's cash holdings drop to $63 mln in September

In a financial disclosure filed on Tuesday night with the Federal Election Commission, the Trump campaign said it had about $63 million in the bank at the end of September after spending about $139 million during the month. A month earlier, the Trump campaign reported having $121 million in cash. Biden's campaign has yet to report its cash holdings at the close of September.

Reuters | Updated: 21-10-2020 07:20 IST | Created: 21-10-2020 07:20 IST
Trump campaign's cash holdings drop to $63 mln in September

President Donald Trump's re-election coffers shrank in September as he fell behind Democratic challenger Joe Biden in the campaign's money race, putting him at a disadvantage in the final weeks before the Nov. 3 election. In a financial disclosure filed on Tuesday night with the Federal Election Commission, the Trump campaign said it had about $63 million in the bank at the end of September after spending about $139 million during the month.

A month earlier, the Trump campaign reported having $121 million in cash. Biden's campaign has yet to report its cash holdings at the close of September. But the former vice president's campaign said earlier this month that together with the Democratic Party, it had $432 million in the bank.

Trump and his Republican Party had just $251 million in the bank, his campaign manager said earlier this month.


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