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Trump has already raised $88 million for his re-election bid in 2020

Trump's campaign committee, combined with two joint committees -- Trump Victory and Trump Make America Great Again -- ended last month with nearly $53.6 mn in the bank.

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US President Donald Trump walks departs after speaking at a Make America Great Again rally in Great Falls, Montana, US, July 5, 2018. Photo: Reuters

K. P. VogelRachel Shorey Washington
President Trump has raised more than $88 million for his re-election campaign over the last year and a half, giving him a dramatic head start on prospective Democratic challengers in the 2020 race.

Mr Trump's campaign committee, combined with two joint committees formed with the Republican Party, ended last month with nearly $53.6 mn in the bank — almost $10 mn more than their previous largest balance — according to finance reports filed Sunday evening with the Federal Election Commission. The totals reflect a brisk and continued fund-raising effort by Mr. Trump’s campaign operation that, in a departure from usual presidential