Campaign claims highest cash available for any Democratic presidential candidate

  • Biden campaign raised $97 million in the fourth quarter
  • Claims highest cash available for any Democratic presidential candidate
  • Trump and Republican Party raised $154 million in the fourth quarter of 2019
  • Biden campaign had $117 million in cash on hand at the end of December
  • 97% of donations in the fourth quarter were under $200
  • RealClearPolitics poll average shows Trump narrowly ahead of Biden for 2024 rematch

The campaign to re-elect President Joe Biden has announced that it raised an impressive $97 million in the fourth quarter, making it the highest cash available for any Democratic presidential candidate. This amount was only surpassed by the $154 million raised by former President Donald Trump and the Republican Party in the fourth quarter of 2019. At the end of December, the Biden campaign had $117 million in cash on hand, while the Trump campaign had $38 million at the end of September. The campaign highlighted that 97% of the donations received in the fourth quarter were under $200, showing strong grassroots support. Despite a narrow lead for Trump in the RealClearPolitics poll average, the Biden campaign remains confident in its ability to defeat the Republican agenda in 2024.

Public Companies:
Private Companies:
Key People: Joe Biden (President), Donald Trump (Former President), Julie Chavez Rodriguez (Campaign Manager), Nikki Haley (Former United Nations Ambassador and South Carolina Governor)

Factuality Level: 7
Justification: The article provides information about the fundraising efforts of the Biden campaign and compares it to the fundraising efforts of the Trump campaign. It also includes a statement from the Biden campaign manager. However, there is no additional context or analysis provided, and the article does not address any potential biases or limitations in the data presented.

Noise Level: 3
Justification: The article provides information on the fundraising numbers of the Biden campaign and compares it to the fundraising numbers of the Trump campaign. It also includes a statement from the Biden campaign manager. However, the article lacks depth and analysis on the implications of these fundraising numbers and the potential impact on the 2024 election. It also includes unrelated information about Trump’s expected win in Iowa’s caucuses and a potential contest in New Hampshire.

Financial Relevance: No
Financial Markets Impacted: No

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article does not pertain to financial topics and does not describe any extreme events.

Reported publicly: www.marketwatch.com