It’s still too early to understand the election trend… We need to watch the SC primary, etc.
It was revealed that U.S. President Joe Biden achieved fundraising amount of 56 billion won in the first month of this year. Former President Donald Trump is said to have attracted more donors, although the amount was smaller.
CNN reported on the 20th (local time) that President Biden’s camp and the Democratic Party raised $42 million (about 56.057 billion won) in January ahead of this year’s presidential election. In addition, the amount raised to date is said to be $130 million (approximately 173.459 billion won).
CNN reported that this is the largest amount ever raised by a Democratic presidential candidate in the same presidential election cycle. Despite the series of old age controversies, it is being interpreted as a green light on the road leading up to the presidential election.
In particular, the Biden camp explained that in January of last year, the amount of money raised by small candidates hit a record high. In addition, as President Biden will attend a fundraising event over three days in California, the amount of fundraising is expected to increase.
The amount revealed on this day exceeds the amount raised by former President Trump, the Republican candidate. In January of this year, former President Trump’s fundraising amount was equivalent to $8 million (approximately 10.674 billion won). Former UN Ambassador Nikki Haley raised the equivalent of $16.5 million (about 22.015 billion won).
It is difficult to immediately compare the firepower of President Biden and former President Trump’s camp based on the amount alone on this day. First of all, in the case of the Democratic Party, the primary was solidified early on under President Biden’s solo system, and in the Republican Party, the primary is still being held.
In various opinion polls, former President Trump is ahead of President Biden, and the results of the Republican primary to be held in South Carolina on the 24th and former Ambassador Haley’s actions thereafter are also important to watch.
Meanwhile, according to the Financial Times (FT), the total number of donors to former President Trump’s camp was around 516,000 as of the second half of last year. This is a decrease of about 200,000 from 740,000 at the time of the last presidential election. President Biden attracted 473,000 donors.
If you look at the amount raised in January, President Biden is far ahead of former President Trump, but if you look at the number of donors, former President Trump is ahead. However, an election official who was at Trump Pampf in 2020 assessed that the decline in the number of donors in itself is not a good thing.
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.