Biden and DNC raised combined $364.5 million in August for U.S. election

(Reuters) – Democratic presidential nominee Joe Biden and the Democratic Countrywide Committee claimed on Wednesday that they elevated a merged $364.5 million in August, shattering the month-to-month record for fundraising by a presidential campaign.

The sum provided a lot more than $205 million from on line, tiny-dollar donations, according to the campaign.

Biden, who is foremost Republican President Donald Trump in most national feeling polls in advance of the Nov. 3 election, elevated $140 million in July, but was outpaced by Trump and his allied teams, who raked in $165 million.

The past regular document – $193 million – was established by previous President Barack Obama in September 2008, according to U.S. media retailers.

Biden’s haul for August is very likely attributable to a range of aspects, including the introduction of U.S. Senator Kamala Harris as his running mate, enthusiasm in excess of Biden’s nomination at the Democratic convention and mounting fears amid Democratic donors that the race involving Biden and Trump is tightening with just two months to go.

Biden had fundraisers virtually everyday in August when Harris, who sought the Democratic nomination from Biden, has been ready to faucet into her very own major-income community to improve the Democratic ticket.

The Trump marketing campaign has nevertheless to release its fundraising numbers for August and did not promptly reply to a ask for for comment.

Reporting by Michael Martina and James Oliphant Modifying by Colleen Jenkins and Grant McCool