Biden’s Fundraising Machine Raked In $81M In May For Best Month - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Washington Wire
Washington Wire RSS Get our newsletter
Order Prints
June 15, 2020 Washington Wire
Share
Share
Post
Email

Biden’s Fundraising Machine Raked In $81M In May For Best Month

New York Daily News, The (NY)

Joe Biden’s bringing home some serious bacon.

Biden’s campaign and the Democratic National Committee jointly raked in $80.8 million in May, marking their best fundraising month of the 2020 election cycle.

More than half of May’s donations came from new supporters, with an average contribution of $30, according to a Monday statement from the Biden campaign.

“I’m humbled and honored that you have put your trust in me as your presumptive Democratic nominee. And I’m incredibly honored by the support I’ve received from you all,” Biden wrote in an email to supporters. “Just a few months ago, people were ready to write this campaign off. Now, we are making huge dents in Donald Trump’s war-chest. Every single dollar is going to make sure he is only a one-term president.”

Biden’s best fundraising month prior to Monday’s numbers was April, when his campaign and the DNC brought in about $60 million between them.

President Trump’s campaign and the Republican National Committee jointly raised about $62 million in April.

Trump’s May fundraising figures were not available Monday, and a spokeswoman for his campaign did not return a request for comment.

Biden’s fundraising surge comes even as the U.S. economy remains in dire straits because of the coronavirus pandemic, with millions of Americans out of work and businesses shuttered.

Coupled with national unrest over police brutality, Trump’s poll numbers have plummeted in recent weeks.

According to a national CNN survey released last week, Trump trails Biden by a whopping 14% among registered voters.

The Trump campaign called that poll “phony” and demanded a retraction. However, the campaign did not explain what was incorrect about the poll, and CNN says it stands by its projections.

___

(c)2020 New York Daily News

Visit New York Daily News at www.nydailynews.com

Distributed by Tribune Content Agency, LLC.

Older

AM Best: Fewer Claims Than Expected Mute COVID-19 Impact on Health Insurers’ First-Quarter Earnings (AM BestTV)

Newer

First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding June 2020 Distribution

Advisor News

  • Your client’s $3 million portfolio doesn’t tell you their insurance needs
  • How life insurance can provide liquidity for wealthy families
  • Retirement providers turn to digital engagement to retain assets
  • Looking out for clients with diminished mental capacity
  • House panel advances CLEAR Forms Act backed by IRI
More Advisor News

Annuity News

  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
  • Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity News

Health/Employee Benefits News

  • New Findings from Charles J. Homer and Co-Authors in the Area of Health and Medicine Reported (Medicaid and the Financing of Pediatric Healthcare: Strengths and Opportunities): Health and Medicine
  • Investigators from Harvard Medical School Report New Data on Herpes Zoster Virus (Effectiveness of the Recombinant Zoster Vaccine In Adult Patients With Multiple Sclerosis: a Claims-based Retrospective Cohort Study In the United States): Herpesvirus Diseases and Conditions – Herpes Zoster Virus
  • Warner files low-cost public healthcare bill Warner calls for low-cost public health coverage
  • Insurance Department releases 2027 rates
  • Shopping for cheaper health insurance? Oregon regulators warn about risky alternatives
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries
  • Abacus Global Management Completes Landmark $400 Million Securitization
  • New Rules: This bill could help cannabis companies finally get insurance coverage
  • Time to revisit your clients’ life insurance coverage
  • Greg Lindberg files racketeering lawsuit against Causey, rehabilitation officials
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.