Pete Buttigieg and Joe Biden led the 2020 Democratic primary field in second quarter fundraising, while the leading candidates all entered July with a healthy store of cash, according to records filed late Monday.
The South Bend, Indiana, mayor hauled in $24.9 million from April through June, the best in the field of about two dozen candidates. The former vice president took in the second most with about $22 million, followed by Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., with about $19.2 and $18 million in contributions, respectively.
For the fundraising totals, CNBC tracked individual contributions, a key way to gauge support for candidates. The exception is former Rep. John Delaney, the only candidate to self fund the vast majority of his campaign operation.
Meanwhile, Sanders entered July with a $27.3 million war chest, the biggest among Democratic candidates. Buttigieg had $22.7 million on hand, while Warren had $19.8 million.
The numbers give a glimpse into who has the resources to build out an infrastructure in key early nominating states — and who may struggle just to stay in the race in the coming months. The figures also offer clues about who may be able to keep up with President Donald Trump’s campaign, which has a head start on the fractured Democratic field and entered July with $56.7 million in the bank.
The candidates are jockeying for position ahead of the first primary nominating contests in February. Biden has led the vast majority of early national and state polls, typically followed by a combination of Sanders, Warren, Sen. Kamala Harris, D-Calif., and Buttigieg.
A handful of candidates burned through cash faster than they raised it in the second quarter. They include former Rep. Beto O’Rourke and Sens. Kirsten Gillibrand, D-N.Y., Cory Booker, D-N.J., and Amy Klobuchar, D-Minn.
Miramar, Florida, Mayor Wayne Messam had about $31,000 in cash left at the end of June, the least in the field. (He spent only about $23,000 in the second quarter, less than half of what he raised). Rep. Tim Ryan, D-Ohio, had about $335,000 left in the bank, while author Marianne Williamson and Rep. Seth Moulton, D-Mass., went into July with about $550,000 and $725,000 on hand, respectively.
Why TOP Platform Is A One Stop Shop For Making Money Online.
TOP Helps You Earn Money As A Social Media Influencer From Home.
The Best Global Digital Marketing Platform.
3 Reasons To Get TOP For Press Release Distribution Help.
3 Services on Influencers Marketing Platform TOP That Let You Make Money.
Tips to help you choose the best digital marketing agency to boost your tourism sector.
The Role Of Social Media In Online Lobbying.
5 Reasons To Go With TOP for All Online Reputation Repair.
4 Benefits To Partnering With TOP Platform For Translation Services Work.
3 Simple Benefits for Advertisers to Registering with TOP.
Ex-Cisco CEO says Facebook needs to ‘get ahead of regulators,’ faces a multiyear challenge.
China’s response to Facebook’s Libra could be ‘Hong Kong style’ cryptocurrency, says ex-central bank governor.
Demand for Hong Kong Logistics, Industrial Properties Remains Stable Despite US-China Trade War.
New book challenges stereotypes of Muslim women.
Eni sees profit drop in 2Q.
Falling mortgage rates are heating home prices this summer.
Republican megadonors Sheldon Adelson and wife give a whopping $213,000 to Senate GOP fundraising committee.
Oil mixed as trade fears weigh despite tight supply.