ExxonMobil on Trump's hypothetical phone call: "It never happened"

Driving the news: Trump said at a rally in Arizona on Monday afternoon, "All I have to do is call up the head of every Wall Street firm, head of every major company, the head of every major energy company, 'Do me a favor, send me $10 million for my campaign.'

• "'Yes, sir.' They say the only thing is, 'Why didn't you ask for more, sir?'" he said, stressing he would not accept such money "because if I do that I'm totally compromised."
• He went on to give the hypothetical example of calling up "some guy, the head of Exxon.
• "I call the head of Exxon. I don't know," he said, adding that he could say, "How are you doing? How’s energy coming? When are you doing the exploration? Oh, you need a couple of permits?”
• Trump went on to say he could ask for him "to send me $25 million for the campaign," to which he said the executive would reply: "Absolutely sir."

"I will hit a home run every single call. I would raise a billion dollars in one day if I wanted to. I don't want to do that."

Of note: Biden's campaign has significantly out-raised that of Trump's for the past two months.

• Trump's re-election campaign announced earlier this month that it and its joint fund-raising committees raised $247.8 million in September. Biden's fund-raising efforts brought in $383 million for the same period — a figure believed to be a record for any presidential candidate.
• The Trump administration did not immediately respond to Axios' request for comment.

Editor's note: This article has been updated with more details and further context on Trump's comments about fund-raising.