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Expand chart
Data: FEC; Note: Trump fundraising does not include receipts from Trump Victory and Trump Make America Great Again Committee; Chart: Harry Stevens/Axios

Until election day on November 3, 2020, Axios will be tracking the fundraising of every candidate for federal office.

Why it matters: President Trump raised more money than any other candidate for a second straight quarter, according to fundraising reports filed Monday with the Federal Election Commission, but even with Democratic contributions split among a wide field of candidates, top candidates are demonstrating they can compete with Trump in the money race.

  • Still, the president's fundraising declined from the previous quarter, from $30.3 million to $26.5 million. Meanwhile, Democratic competitors like Bernie Sanders and Pete Buttigieg increased their fundraising totals and narrowed the money gap between themselves and Trump.
  • But, but, but: Trump had a head start, and he still has a far larger war chest than any potential opponent.
President

If fundraising is a proxy for voter enthusiasm, Sanders is positioned for another long presidential race. The Vermont senator finished second to Trump in second quarter fundraising, reporting $25.7 million in receipts and improving his fundraising haul from the first quarter.

  • Beto O'Rourke lost momentum, falling nearly $6 million shy of his first quarter fundraising mark. Kirsten Gillibrand, Amy Klobuchar, Cory Booker, and Tulsi Gabbard also saw their fundraising drop from last quarter.
  • Joe Biden raised $22 million, fourth among all candidates.
Expand chart
Data: FEC; Note: Trump fundraising does not include receipts from Trump Victory and Trump Make America Great Again Committee; Chart: Harry Stevens/Axios
Senate

The race to replace Arizona Senator John Kyl is shaping up to be a costly one between astronaut Mark Kelly and fighter pilot Martha McSally, who raised the most and second most among all Senate candidates in the second quarter.

  • After losing a close Senate race to Democrat Kristen Sinema last year, McSally was appointed to Arizona's other Senate seat by the governor.
  • Kelly is married to former U.S. Representative Gabby Giffords, who survived an assassination attempt in 2011.

Majority Leader Mitch McConnell raised $3.1 million in the second quarter, good for third among Senate candidates. McConnell has been challenged by multiple Democrats, including fighter pilot Amy McGrath.

Expand chart
Data: FEC; Chart: Harry Stevens/Axios
House

In the House, entrenched incumbents padded their fundraising leads over any potential challengers.

  • Steve Scalise of Louisiana raised about $3 million, the most of any House candidate for the second straight quarter.
  • He was trailed by former Intelligence Committee chair Devin Nunes and House Minority Leader Kevin McCarthy.

Speaker Nancy Pelosi brought in $1.3 million, while freshman Democrat and progressive favorite Alexandria Ocasio-Cortez brought in $1.2 million.

  • More than four-fifths of Ocasio-Cortez' fundraising total came from donors who gave less than $200.
Expand chart
Data: FEC; Chart: Harry Stevens/Axios

Go deeper

Dead malls get new life

Illustration: Aïda Amer/Axios

Malls are becoming ghosts of retail past. But the left-behind real estate is being reimagined for a post-pandemic world.

Why it matters: As many as 17% of malls in the U.S. "may no longer be viable as shopping centers and need to be redeveloped into other uses," per Barclays.

White House now says Biden will move to increase refugee cap by May 15

Photo: Chip Somodevilla/Getty Images

The White House on Friday afternoon said President Biden plans to lift the Trump-era refugee cap by May 15.

Driving the news: The announcement follows stinging criticism from several Democrats and rights groups, who said Biden was walking back on his pledge to raise the limit. Earlier Friday, Biden signed a directive to speed up the processing of refugees, but kept the Trump administration's historically low cap of 15,000 refugees for this year.