Photo: Joe Raedle/Getty Images

Bernie Sanders' 2020 presidential campaign said Thursday that it raised $25 million in January.

Why it matters: It's a huge sum of money given that there is still a crowded field of Democratic candidates. In 2019's fourth quarter, Sanders pulled in $34.5 million — the most of any Democratic presidential hopeful — and he kicked off 2020 with a staggering $18.2 million in cash-on-hand.

  • With Sanders vying for a win in the Iowa caucuses and given his solid polling ahead of New Hampshire's primary next week, his campaign will need the cash as it ramps up to a national race.
  • It plans to use the fundraising to increase staffing in Super Tuesday states and put $5.5 million toward television and digital ads across 10 states, including Texas and California.

The big picture: Despite leading the way in fundraising among Democrats, Sanders has to compete in the money game beyond Super Tuesday with billionaire Mike Bloomberg, who is self-funding his run — and spent $188 million in 2019's fourth quarter, despite only entering the race at the end of November.

Go deeper: The 2020 Democratic candidates winning the money game

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Voters cast ballots in Minnesota, Georgia, Connecticut, Wisconsin and Vermont

Photo: Spencer Platt/Getty Images

Primary elections are being held on Tuesday in Minnesota, Georgia, Connecticut, Vermont and Wisconsin.

The big picture: Georgia and Wisconsin both struggled to hold primaries during the coronavirus pandemic, but are doing so again — testing their voting systems ahead of the general election. Rep. Ilhan Omar (D-Minn.) is facing a strong challenger as she fights for her political career. In Georgia, a Republican primary runoff pits a QAnon supporter against a hardline conservative.

26 mins ago - Health

Trump administration buys 100 million doses of Moderna's vaccine

A volunteer in Moderna's vaccine clinical trial receives a shot. Photo: Paul Hennessy/NurPhoto via Getty Images

The U.S. government has agreed to buy 100 million doses of Moderna's experimental coronavirus vaccine for $1.5 billion, or $15 per dose.

Why it matters: The Trump administration, through Operation Warp Speed, has now bought initial batches of vaccines from Moderna, GlaxoSmithKline and Sanofi, Pfizer, Novavax, Johnson & Johnson and AstraZeneca before knowing whether they are safe and effective. The federal government also appears to own some of the patent rights associated with Moderna's vaccine.

Updated 59 mins ago - Politics & Policy

Political world reacts to Biden tapping Kamala Harris as running mate

Sen. Kamala Harris and Joe Biden at a campaign event in March. Photo: JEFF KOWALSKY/AFP via Getty Images

Democrats from across the party — including some of the women on Joe Biden's vice-presidential shortlist — are championing his historic appointment of Sen. Kamala Harris as his running mate.

What they're saying: "Joe Biden nailed this decision," former President Barack Obama wrote in a lengthy statement. "By choosing Senator Kamala Harris as America’s next vice president, he’s underscored his own judgment and character. Reality shows us that these attributes are not optional in a president."