President Joe Biden and the Democratic National Committee entered the 2024 election cycle with a clear financial advantage over potential GOP nominee Donald Trump and a struggling Republican National Committee. However, there seems to be a rapid change in the situation. In April, Trump and the RNC managed to raise $76 million, surpassing Biden and the DNC’s $51 million. This shift in fundraising can be attributed to the RNC’s recent progress, especially with Lara Trump, Trump’s daughter-in-law, now co-leading the committee.
Despite this setback, Biden’s reelection campaign still holds a significant amount of cash-on-hand. As of the end of last month, they reported having $192 million, which they claim is the highest amount ever for a Democratic candidate. However, it is worth noting that this figure is similar to what was reported at the end of the first quarter in March. This suggests that the campaign might be spending funds at the same rate they are raising them, as reported by The Associated Press.
“April’s totals were also down sharply from March, when the president’s campaign and the DNC announced taking in more than $90 million,” the AP added.
Biden and his party have consistently surpassed his predecessor in fundraising efforts. However, Trump experienced a significant surge in fundraising during April, thanks to a remarkable $50.5 million raised at a single donor event held at billionaire investor John Paulson’s residence in Palm Beach, Florida.
In response to a March fundraiser featuring former Presidents Bill Clinton and Barack Obama at New York’s Radio City Music Hall, where Biden’s campaign raised $26 million, Trump organized the event at John Paulson’s home. Looking ahead, Biden’s campaign is planning a major fundraiser in Los Angeles next month, which will showcase Hollywood stars George Clooney and Julia Roberts. According to the AP, Trump and the GOP raised over $65.6 million in March and concluded the month with $93.1 million in cash.
Last month, First Lady Melania Trump regained the spotlight as she hosted a fundraising event for her husband’s campaign at their Mar-a-Lago estate in Florida. Photos shared by Breitbart News captured various moments during the event, including Melania posing with group leaders Ric Grenell, Bill White, and Bryan Eure from the Log Cabin Republicans. This event marked Melania’s first fundraiser of the cycle. During the event, Grenell, who previously served as the Director of National Intelligence in Trump’s administration and became the first openly gay U.S. cabinet official in history, expressed confidence that Trump would secure the votes of gay voters in 2024.
“Donald Trump deserves our vote,” Grenell said in quotes provided to Breitbart News. “He is the best candidate for our safety, security, and prosperity. He sees you as 100 percent equal.”
During the event, Grenell made a forecast that Trump, aided by his spouse, will secure a minimum of 50 percent of the homosexual electorate in 2024. Eure, a notable personality within the Log Cabin Republicans and senior vice president at Willis Towers Watson, reiterated this notion, emphasizing that gay voters are progressively aligning themselves with wider demographics. Their focus has shifted towards matters such as the economy and public safety.
“We have seen four years of President Trump and almost four years of President Biden. No person with common sense, regardless of their sexual orientation, can honestly say they’re better off now, under Biden, than they were with President Trump,” Eure said, per Breitbart. “We are so blessed to have such a gorgeous and generous first lady stand by our side.”