Trump Has Already Raised Over $100 Million for His 2020 Re-Election Campaign

By contrast, President Barack Obama had yet to announce his re-election campaign at this point in his presidency and had just $2.3 million in his bank account

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Evan Vucci/AP, File

More than two years before the 2020 election, President Donald Trump has already raised over $100 million for his re-election bid, with almost $47 million still in the bank, NBC News reported.

The Federal Election Committee filings show a historic amount of money that comes from many small-dollar donations as well as large donors, including $250,000 from venture capitalist Peter Thiel.

The campaign spent $7.7 million over the last three months, according to the data. It also donated $2,000 to more than 100 separate Republican candidates nationwide.

By contrast, President Barack Obama had yet to announce his re-election campaign at this point in his presidency and had just $2.3 million in his bank account.

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