Joe Biden and shared Democratic Party committees together raised $364.5 million in the month of August, his campaign announced Wednesday.
Why it matters: The total is believed to be the most ever raised by a U.S. presidential candidate in a single month, likely driven in part by Biden's announcement on Aug. 11 that he had tapped Sen. Kamala Harris to be his running mate, according to the New York Times.
By the numbers: Biden's campaign announced in early August it received $26 million in the 24 hours after the Harris selection.
- The campaign added that it raised roughly $70 million during the four-day virtual Democratic National Convention in mid-August.
- Biden's campaign brought in a $140 million haul in July.
- Trump and the Republican National Committee collected $165 million in July, and his campaign said it raised $76 million during last week's GOP convention.
What they're saying: Last month we raised $364.5 million — 95% of the donations from grassroots supporters like you and the majority online," Biden tweeted. "Working people are powering our campaign — and I’m grateful. We’ve got a long way to go to close the fundraising gap and win — but we can do it. Together."
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