President Joe Biden and the Democratic National Committee (DNC) raised more than $71 million for his reelection campaign during the third quarter, which ended on Sept. 30, far more than his leading rival, former President Donald Trump, and other Republicans seeking the 2024 Republican nomination.
This was nearly on par with the Biden campaign’s second-quarter fundraising of more than $72 million, showing that donors are willing to stand behind the president despite his low approval ratings and widespread concerns about his age.