PANews reported on July 3 that Donald Trump raised $331 million in the second quarter, giving him more cash on hand than incumbent President Joe Biden, a development that could exacerbate Democrats' anxiety about the incumbent president's re-election campaign. The amount raised by Trump and the Republican National Committee exceeded the $264 million raised by Biden and the Democratic National Committee in the second quarter. Compared with the $240 million reported by Biden, the Trump campaign said it now has nearly $285 million in cash on hand, a stunning reversal. Previously, Biden's fundraising had crushed his opponent for several consecutive months.
