Trump raises $141m in May, outstripping Biden by $56m

Donald Trump raised significantly more funds than Joe Biden in May, despite becoming the first US president to be convicted of a crime.

- AMELIA NEATH

Mr Trump's campaign and the Republic National Committee reported that they raised a massive $141m in May. However, they declined to report how much money the campaign had left in their funds at the end of the month. They are not legally required to report that until July.

The Biden campaign and the Democratic National Committee raised $85m in May, with $212m sitting in the campaign’s bank at the end of the month, federal filings released on Thursday detailed. Reports suggest Mr Trump has upwards of $170m. He was $100m behind Mr Biden at the start of April.

Filings show the Trump campaign had $116.5m cash on hand – not committed elsewhere – at the start of June, compared to $91.6m for the Biden campaign. The Biden fundraising number does not include recent fundraising efforts in June, such as the around $40m raised recently or the $20m donation from former New York City Mayor Michael Bloomberg to pro-Biden group.