President Biden's 2024 re-election campaign and the Democratic National Committee raised over a quarter of a billion dollars in the past three months, with a significant increase in fundraising in June. The campaign aims to counter negative narratives after the first debate with former President Trump.
Key Points
Raised $264 million in the April-June second quarter of 2024
Increased cash-on-hand to $240 million by the end of June
Highlighted grassroots appeal and support
Pros
Significant fundraising success for President Biden's re-election campaign and the Democratic National Committee
Increase in grassroots support and small-dollar donations
Cons
Negative narratives following the first debate with former President Trump