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Home News Election

Hillary Clinton has $42 million in the bank, campaign raised $27 million in May

by CNN
Wednesday, June 1, 2016
in Election
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Hillary Clinton raised $27 million for her presidential campaign and an additional $13.5 million for the Democratic National Committee and state Democratic parties in May, the campaign said Wednesday. That gives her $42 million in the bank, just ahead of when she is expected to surpass the number of delegates needed to clinch the Democratic nomination.

“Thanks to the continued support of more than 1.3 million people across the country we have the resources we need to run a winning general election campaign and build on the smart investments we made during the primary,” said Robby Mook, Clinton’s campaign manager, in a press release.

The Clinton campaign also announced that they have now raised $62 million for the DNC and state parties through the Hillary Victory Fund, a joint fundraising agreement that the Clinton campaign has with the national Democratic body.

“Hillary Clinton remains focused on ensuring that she and Democrats up and down the ballot are able to mobilize millions of voters and win in November,” Mook added.

Vermont Sen. Bernie Sanders, Clinton’s opponent in the Democratic primary, has not yet released his May fundraising numbers and the campaign declined to detail how much the raised when asked on Wednesday.

Sanders raised $26 million in April, a significant drop off from his campaign’s hauls of $44 million in March and $43.5 million in February, his campaign said Sunday. The Sanders also finds itself short on cash: According to the FEC filing, the campaign had $5.7 million in the bank at the start of May.

Clinton raised $24 million in April, more than the $21 million she raised in March. The Clinton campaign, however, started May with over $30 million in the bank, according to their Federal Elections Commission report.

Much of Clinton’s May fundraising came through fundraisers she personally headlined.

According to ticket prices and attendance records provided by the Clinton campaign, more than $30 million dollars were raised at the 24 fundraisers Clinton personally headlined in the month of May.

The Clinton campaign also relied on fundraisers headlined by campaign surrogates, including former President Bill Clinton, and online donations.

Sanders, on the other hand, has relied primarily on online fundraising for the entire campaign.

Ruth Bader Ginsburg moniker graces new praying mantis species
Hillary Clinton has $42 million in the bank, campaigned raised $27 million in May

CNN

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