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President Trump speaks at a campaign rally in Prescott, Arizona, on Monday. Photo: Caitlin O'Hara/Getty Images

ExxonMobil issued a statement Monday denying anyone from the company had spoken with President Trump after he used the firm as an example of how he could use his position to out-raise his Democratic rival Joe Biden.

What they're saying: "We are aware of the President’s statement regarding a hypothetical call with our CEO… and just so we're all clear, it never happened," Exxon said.

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.

Go deeper

Off the Rails

Episode 1: A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios series takes you inside the collapse of a president.

Episode 1: Trump’s refusal to believe the election results was premeditated. He had heard about the “red mirage” — the likelihood that early vote counts would tip more Republican than the final tallies — and he decided to exploit it.

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”

Off the Rails

Episode 6: Last stand in Georgia

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer, Raymond Boyd/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 6: Georgia had not backed a Democratic presidential candidate since 1992 and Donald Trump's defeat in this Deep South stronghold, and his reaction to that loss, would help cost Republicans the U.S. Senate as well. Georgia was Trump's last stand.

On Air Force One, President Trump was in a mood. He had been clear he did not want to return to Georgia, and yet somehow he'd been conscripted into another rally on the night of Jan. 4.

Off the Rails

Episode 8: The siege

Photo illustration: Aïda Amer/Axios. Photos: Mandel Ngan/AFP via Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 8: The siege. An inside account of the deadly insurrection at the Capitol on Jan. 6 that ultimately failed to block the certification of the Electoral College. And, finally, Trump's concession.

On Jan. 6, White House deputy national security adviser Matt Pottinger entered the West Wing in the mid-afternoon, shortly after his colleagues' phones had lit up with an emergency curfew alert from D.C. Mayor Muriel Bowser.