Trump, staring down GOP rivals, raised $14.5 million in first quarter

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Trump, staring down GOP rivals, raised $14.5 million in first quarter
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The haul, markedly lower than four years ago, doesn’t capture a surge in donations that Trump’s campaign said followed his indictment in New York

The bulk of the campaign’s cash infusion came via a joint fundraising committee that directs money to the former president’s various groups. The Trump campaign said it had nearly $14 million on hand at the end of March.raised more than $30 million

It remains to be seen, however, how much a financial edge will matter in efforts to topple Trump. One person who works with major donors, and who spoke on the condition of anonymity to address fundraising dynamics candidly, pointed to a “disconnect between big donors and the base, which is even more clear this cycle than in the previous one.

Beyond Trump, the only other candidate filing a quarterly campaign report is Nikki Haley, the former South Carolina governor and U.N. ambassador. Her campaign said she had raised more than $11 million since announcing her bid in mid-February.

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