Joe Biden is not a passion candidate. No one donates to him because he stirs them or because he’s gotten them to invest in his identity. They’re doing it because he’s a likely nominee and they want to have access to the White House if he wins. And once Biden’s victory got shakier, the donations reflected that.
Biden raised $15 million in the third quarter this year. Bernie Sanders raised $25 million and Pete Buttigieg raised $19.1 million in the last quarter while Kamala Harris raised $11.6 million. Elizabeth Warren has not yet released her fundraising numbers.
President Donald Trump’s 2020 reelection campaign and the Republican National Committee raised a total of $125 million in the third quarter.
Former Vice President Joe Biden announced Thursday at a fundraiser in Palo Alto, California that his campaign raised $15 million in the third quarter this year for his bid to win the 2020 Democratic nomination for president, which places him behind Bernie Sanders and Pete Buttigieg.
For primary candidates, these fundraising totals often represent how their campaigns are performing and their standing in the polls.
Sanders raised $25 million and Buttigieg raised $19.1 million in the last quarter while Kamala Harris raised $11.6 million. Elizabeth Warren has not yet released her fundraising numbers.
Biden raised $21.5 million in the second quarter for his bid to win the 2020 Democratic nomination for president. Going into his fundraising announcement, the former vice president was still statistically in the lead, according to a Real Clear Politics poling average.
But Buttigieg and Sanders are passion candidates. They’re favored by small but wealthy groups. And those donors will keep on plowing money into their campaigns even if they don’t think they can win, because they want to see Buttigieg and Sanders get a large place on the national stage. But nobody really wants Biden to have a bigger presence. If anything, they’d like him to have less of a presence.