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Trump raised $331 million in the second quarter, surpassing Biden

Donald Trump raised $331 million in the second quarter, leaving him with more cash on hand than Joe Biden, the incumbent president, in a development likely to heighten Democrats' anxiety about the incumbent's re-election bid. The money raised by Trump and the Republican National Committee exceeded the $264 million raised by Biden and the DNC in the second quarter. The Trump campaign said it now had nearly $285 million in cash on hand compared with the $240 million Biden reported, a stunning reversal. Biden's fundraising has previously crushed his opponent for months.