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Joe Biden’s campaign raises $264mn in second quarter

President’s re-election effort has best fundraising month yet in June but trails Trump’s May haul

Joe Biden’s campaign has said it raised $264mn in the second quarter of 2024, tens of millions more than in the previous three months, and boasted of “strong enthusiasm” for the president despite a disastrous debate performance and polls showing Donald Trump leading in key states.

Biden’s cash boost will be sorely needed to combat Trump’s operation, which outraised the president in April and May.

The Biden campaign announced on Tuesday that it raised $127mn in June, its best fundraising month, and hailed a “growing grassroots operation”. Trump’s campaign has said it raised $141mn in May. Federal disclosures for the second quarter are due in two weeks.

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