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Sanders raises $34.5m in fourth quarter, a major haul before Iowa caucuses Sanders raises $34.5m in fourth quarter, a major haul before Iowa caucuses
(32 minutes later)
Staggering sum sends signal that candidates has not only rebounded after his heart attack but gained groundStaggering sum sends signal that candidates has not only rebounded after his heart attack but gained ground
Bernie Sanders raised more than $34.5m in the last three months of 2019, his presidential campaign announced on Thursday, a significant show of strength ahead of the Iowa caucuses early next month. Bernie Sanders raised more than $34.5m in the last three months of 2019, his presidential campaign announced on Thursday, a considerable show of strength ahead of the Iowa caucuses early next month.
The massive sum demonstrates Sanders’ enduring ability to draw millions of dollars from a large pool of small-dollar donors. It also sends a strong signal that the US Senator from Vermont has not only rebounded since his heart attack in October but gained ground in the fiercely contested Democratic primary contest. The massive sum demonstrates Sanders’ enduring ability to draw millions of dollars from a large pool of small-dollar donors. It is also the clearest sign yet that the US Senator from Vermont has not only rebounded since his heart attack in October but gained ground in the fiercely contested Democratic primary contest.
Since he entered the race in February, Sanders has raised a total of $96m from more than 5m donations – a new milestone for the campaign at this point in the election cycle.Since he entered the race in February, Sanders has raised a total of $96m from more than 5m donations – a new milestone for the campaign at this point in the election cycle.
“Bernie Sanders is closing the year with the most donations of any candidate in history at this point in a presidential campaign,” campaign manager Faiz Shakir said in a statement. “He is proving each and every day that working class Americans are ready and willing to fully fund a campaign that stands up for them and takes on the biggest corporations and the wealthy.”“Bernie Sanders is closing the year with the most donations of any candidate in history at this point in a presidential campaign,” campaign manager Faiz Shakir said in a statement. “He is proving each and every day that working class Americans are ready and willing to fully fund a campaign that stands up for them and takes on the biggest corporations and the wealthy.”
The statement added: “You build a grassroots movement to beat Donald Trump and create a political revolution one $18 donation at a time, and that’s exactly why Bernie is going to win.”The statement added: “You build a grassroots movement to beat Donald Trump and create a political revolution one $18 donation at a time, and that’s exactly why Bernie is going to win.”
The campaign’s financial haul is the largest quarterly total of any Democratic presidential candidate so far this cycle – and will likely place him atop the field for this quarter.The campaign’s financial haul is the largest quarterly total of any Democratic presidential candidate so far this cycle – and will likely place him atop the field for this quarter.
Meanwhile, Trump’s re-election campaign raised $46m in the fourth quarter of 2019, a major haul that was boosted by a surge of donations in the wake of the Democrats’ impeachment bid, a senior campaign official told Reuters on Thursday. Meanwhile, Trump’s re-election campaign raised $46m in the last three months of 2019, a period in which the Democratic-led House impeached the president on charges of abuse of power and obstruction of Congress. The haul gives Trump a sizable fundraising edge over his potential challengers battling for the Democratic nomination.
The sum gives Trump a fundraising edge over a host of Democrats battling for their party’s nomination and the chance to face Trump in the November election. “Democrats and the media have been in a sham impeachment frenzy and the President’s campaign only got bigger and stronger with our best fundraising quarter this cycle,” Brad Parscale, the Trump 2020 campaign manager, said in a statement. “The president’s war chest and grassroots army make his re-election campaign an unstoppable juggernaut.”
The Trump campaign reportedly begins the year with cash on hand of $102.7m .The Trump campaign reportedly begins the year with cash on hand of $102.7m .
Only a few candidates have announced their latest fundraising totals yet. Pete Buttigieg, the former mayor of South Bend, Indiana, who is surging in the early states, announced on Wednesday that he had raised $24.7m in the fourth quarter. Congresswoman Tulsi Gabbard of Hawaii, raised about $3.4m in the fourth quarter, her campaign said on Wednesday. Only a few candidates have announced their latest fundraising totals yet. Pete Buttigieg, the former mayor of South Bend, Indiana, who is surging in the early states, announced on Wednesday that he had raised $24.7m in the fourth quarter. Tech entrepreneur Andrew Yang announced on Thursday that his campaign raised $16.5m in the fourth quarter, his campaign said, a figure that blows past the nearly $10m he collected in the previous quarter. Meanwhile, congresswoman Tulsi Gabbard of Hawaii, raised about $3.4m in the fourth quarter, her campaign said on Wednesday.
Sanders received 1.8m donations in the fourth quarter, including contributions from 40,000 new donors who contributed on the final day of the quarter, his campaign said. It added that December was the campaign’s “single best fundraising month to date”. He raised $18m from over 900,000 last month.Sanders received 1.8m donations in the fourth quarter, including contributions from 40,000 new donors who contributed on the final day of the quarter, his campaign said. It added that December was the campaign’s “single best fundraising month to date”. He raised $18m from over 900,000 last month.
Sanders’s total of more than $34.5m was an improvement from the third quarter, when he brought in $25.2m. He raised $18m in the second quarter and $18.2m in the first quarter.Sanders’s total of more than $34.5m was an improvement from the third quarter, when he brought in $25.2m. He raised $18m in the second quarter and $18.2m in the first quarter.
Reuters contributed reporting.