President Donald Trump has more than $50 million in the bank for his 2020 reelection bid, far more than any contender for the race, according to reports filed on the evening of July 15 with the Federal Election Commission.
The $53 million is split between the president’s campaign committee and two joint fundraising committees, Trump Make America Great Again and Trump Victory. Since launching his 2020 bid shortly after taking office last year, the president has raised more than $88 million through the three entities.
