Trump Surpasses Biden in Fundraising Amid Record Election Spending

High-profile billionaires and dark money groups fuel unprecedented financial race in 2024 presidential campaign.

Trump's campaign and the RNC raised $141 million in May, outpacing Biden's $85 million.
Billionaires Timothy Mellon and Mike Bloomberg made significant contributions to Trump and Biden, respectively.
Dark money contributions are setting new records, complicating transparency in campaign finance.
Trump's legal fees are a major expenditure, unlike Biden's campaign which focuses more on outreach and staffing.
Both campaigns are leveraging high-profile fundraisers to bolster their financial war chests.