President Joe Biden's re-election campaign raised over $53 million in February, bringing its cash on hand to $155 million after successfully gathering the largest amount of grassroots donations since the campaign's launch. This fundraising occurred before Biden secured the Democratic Party’s nomination for the upcoming presidential election in March and before he raised $10 million within 24 hours following his fiery State of the Union address.
Approximately 1.3 million donors contributed nearly 3.4 million donations, with 97 percent of the contributions being under $200, according to a statement from Biden's campaign that included these figures released on Sunday. In February, Biden traveled to California for fundraising events in the Los Angeles and San Francisco areas.
The opposition to Donald Trump, who secured the Republican Party’s nomination for the presidential election, as well as the overall Republican opposition, served as a motivation for donors. Biden's campaign reported that they raised $1.6 million in small donations within 48 hours following the South Carolina Republican primary, and email messages focusing on Trump also contributed to the increase in donations.
Biden’s campaign manager, Julie Chavez Rodriguez, indicated that "the stakes in this election could not be higher for the future of this country, and our historic fundraising campaign ensures that every voter knows these stakes will come in November."
A recent Reuters/Ipsos poll showed Biden leading Trump by one percentage point ahead of the scheduled elections in November. About 39 percent of registered voters in the week-long survey indicated they would vote for Biden, the Democratic candidate, if the election were held today, compared to 38 percent who chose former Republican President Trump.