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Democratic presidential nominee Joe Biden in Wilmington, Del., on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month, as campaigning enters the final stretch ahead of Election Day on Nov. 3.

Of note: The latest cash-on-hand totals do not include funds from joint fundraising committees.

By the numbers: Trump's campaign, its committees and the RNC, gave the president $251.4 million going into October. Biden's campaign and its joint committees with the DNC had $432 million.

  • Biden's campaign spent almost $285 million last month, while Trump's paid out $139 million.

For the record: Biden announced last Wednesday his presidential campaign had raised a record $383 million in September, while Trump's re-election campaign and its joint fundraising committees raised $247.8 million for the month.

The bottom line: Per an emailed statement from Trump campaign spokesperson Samantha Zager, the president's 2016 Democratic rival Hillary Clinton "outspent us 2-to-1," but he still won the election.

Go deeper: The green tsunami

Editor's note: This article has been updated with new details throughout

Go deeper

Updated 23 hours ago - Politics & Policy

Highlights from Biden and Harris' first joint interview since the election

Joe Biden. Photo: Mark Makela/Gettu Images

President-elect Joe Biden and Vice President-elect Kamala Harris sat down with CNN on Thursday for their first joint interview since the election.

The big picture: In the hour-long segment, the twosome laid out plans for responding to the pandemic, jump-starting the economy and managing the transition of power, among other priorities.

Progressives shift focus from Biden's Cabinet to his policy agenda

Joe Biden giving remarks in Wilmington, Del., last month. Photo: Roberto Schmidt/AFP via Getty Images

Some progressives tell Axios they believe the window for influencing President-elect Joe Biden’s Cabinet selections has closed, and they’re shifting focus to policy — hoping to shape Biden's agenda even before he’s sworn in.

Why it matters: The left wing of the party often draws attention for its protests, petitions and tweets, but this deliberate move reflects a determination to move beyond some fights they won't win to engage with Biden strategically, and over the long term.

Trump's 2024 begins

Trump speaking to reporters in the White House on Thanksgiving. Photo: Erin Schaff - Pool/Getty Images

President Trump is likely to announce he'll run again in 2024, perhaps before this term even ends, sources tell Axios.

Why it matters: Trump has already set in motion two important strategies to stay relevant and freeze out other Republican rivals.