Trump Closes Cash Gap With Help From Wealthy Republicans

The Trump campaign and its closest allies raised nearly $370 million in May, according to Taylor Budowich, CEO of a major PAC.

Miriam Adelson, wife of Republican mega donor Sheldon Adelson, listens as President Donald Trump speaks in Hollywood, Fla., on Dec. 7, 2019. Patrick Semansky/AP Photo

Former President Donald Trump is closing the financial gap between himself and President Joe Biden with the help of billionaire donors.

In a June 4 memo, Taylor Budowich, the CEO of the super political action committee Make America Great Again Inc., said the Trump campaign and its closest allies raised nearly $370 million in May. Most of that fundraising came after the felony conviction in the New York falsified business records case, according to the campaign and the Republican National Committee (RNC).