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US elections 2020: Joe Biden raises record $383 million in September

Democratic presidential nominee Joe Biden raised $383 million for his election effort in September, a record-breaking sum that eclipses the unprecedented fundraising from the previous month

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US Presidential elections 2020 | Joe Biden

AP  |  Washington 

Joe Biden. Photo: Reuters
Joe Biden. Photo: Reuters

Democratic presidential nominee raised USD 383 million for his election effort in September, a record-breaking sum that eclipses the unprecedented fundraising from the previous month.

The haul, announced Wednesday night, leaves him with USD 432 million in the bank just weeks before the November 3 election.

He raised the money in conjunction with the Democratic National Committee.

The gobs of cash Biden has raised since securing the nomination amount to a complete reversal in fortune for the former vice president.

During the Democratic primary, he struggled to raise cash and was almost broke by the time he won the South Carolina primary, which catapulted him to a commanding Super Tuesday performance.

In the months since, a flood of donations and low spending has enabled him to eclipse President Donald Trump's once-formidable cash reserves. Biden's campaign and the DNC raised USD 364 million in August.

In the tweet announcing his September haul, Biden thanked his supporters and said he was humbled.

He added: There's still more work to be done, but I wanted to share the good news. The Trump campaign hasn't yet released their September fundraising numbers.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, October 15 2020. 08:50 IST