US: Trump has already raised more than USD 100 million for 2020 re-election battle

Trump had taken the unusual step of filing for re-election the day he was sworn into office in 2017 and had begun holding campaign-style rallies in the first months of his presidency.

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New Delhi: US President Donald Trump who will be running for a second term in 2020 has reportedly raised a whopping USD 100 million dollar for his re-election battle, claimed US media reports on Tuesday. The amount is believed to provide him huge financial impetus and an edge over many potential Democratic contenders jockeying to challenge him, US media reports on Tuesday. Trump had taken the unusual step of filing for re-election the day he was sworn into office in 2017 and had begun holding campaign-style rallies in the first months of his presidency as against Barack Obama who waited until the third year of his presidency to begin fundraising in earnest. The President raised over USD 18 million during the July-to-September fundraising quarter through his campaign committee and the joint fundraising operations he maintains with the Republican National Committee, according to his campaign and filings on Monday with Federal Election Commission. CNN reported that the haul means Trump's re-election effort's war chest now exceeds USD 106 million. Trump's campaign ended last month with more USD 35.4 million in available cash stockpiled in its bank account. Donors who give in small amounts helped fill the businessman-turned-politician's campaign accounts. Small-dollar contributions of USD 200 or less represent nearly 98 per cent of the money he collected. (Inputs from PTI)