Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Jim Watson/AFP via Getty Images

Joe Biden's presidential campaign and two committees associated with the Democratic Party jointly raised nearly $81 million in May, Politico reports.

Why it matters: Biden deputy campaign manager Rufus Gifford points out that in addition to being the campaign's largest monthly haul of the 2020 cycle, it's also a larger total than the Obama campaign raised in May 2012 ($60 million) and the Clinton campaign raised in May 2016 ($38 million).

The big picture: May was the first full month in which Biden was the sole candidate running for the Democratic nomination, after Sen. Bernie Sanders suspended his campaign and endorsed Biden in April.

  • Biden raised $60.5 million in April, before the joint fundraising venture with the Democratic National Committee — the Biden Victory Fund — was established, according to Politico.
  • The joint venture allows individual donors to contribute up to $360,600 — a huge jump from the $5,600 maximum that an individual can donate to Biden's campaign.

By the numbers: Biden's campaign said in an email to supporters that its email list has grown by over 1.5 million in the month of June, including 300,000 subscribers in the last week alone. The campaign has tripled its number of online donors since February, per Politico.

The other side: President Trump continues to have an advantage over Biden in terms of cash on hand, Politico notes. The Trump campaign and the Republican National Committee jointly raised $61.7 million in April, but have not yet announced their May fundraising haul.

Go deeper

Sep 29, 2020 - Politics & Policy

Exclusive: Pro-Trump super PAC launches $40M ad blitz in sprint to election

Screengrab of an ad, courtesy of America First Action.

America First Action, the biggest pro-Trump super PAC, is spending another $40 million on economy-focused ads in key states ahead of November, including a new targeted campaign in the Philadelphia suburbs.

Why it matters: It shows Republicans remain concerned about Florida, Pennsylvania, Wisconsin, North Carolina and even Georgia — all states Trump won in 2016.

Progressives bide time for a Biden victory

Illustration: Sarah Grillo/Axios

Progressive Democrats want to beat President Trump so badly that they're tabling their apathy about Joe Biden — organizing hard to get him into office, only to fight him once elected.

Why it matters: That's a big difference from 2016, when progressives’ displeasure with Hillary Clinton depressed turnout and helped deliver the White House to Trump.

Sep 29, 2020 - Technology

Exclusive: Biden campaign blasts Facebook for "regression"

An image of the letter Biden campaign manager Jen O’Malley Dillon sent Mark Zuckerberg.

On the eve of the first presidential debate, the Biden campaign is pressing Facebook to remove posts by President Trump — and slamming the social media company as "the nation’s foremost propagator of disinformation about the voting process."

Why it matters: By publicly escalating the conflict, the campaign is pressing Facebook to enforce its policies against misinformation more aggressively.