Oct 10, 2019

Tom Steyer's campaign says it raised $2 million in Q3

Photo: Ethan Miller/Getty Images

Billionaire and 2020 Democratic candidate Tom Steyer's campaign said Thursday that it raised more than $2 million in the 3rd quarter.

The big picture: Steyer vowed upon launch to spend $100 million of his own money, largely accumulated during his time as a hedge fund manager. Thus far, he's focused his campaign's spending in the early states, running ads that have helped boost his polling numbers just high enough to qualify for the October and November debates.

  • Steyer has received some pushback for funneling his own wealth into the race at a time where several competitors are vowing to only take grassroots donations.

By the numbers: Here's how Steyer stacks up among the other Democratic candidates who have reported their Q3 fundraising totals.

  1. Sen. Bernie Sanders: $25.3M
  2. Sen. Elizabeth Warren: $24.6M
  3. Mayor Pete Buttigieg: $19.1M
  4. Former Vice President Joe Biden: $15.2M
  5. Sen. Kamala Harris: $11.6M
  6. Andrew Yang: $10M
  7. Sen. Cory Booker: $6M
  8. Sen. Amy Klobuchar: $4.8M
  9. Marianne Williamson: $3M
  10. Gov. Steve Bullock: $2.3M
  11. Sen. Michael Bennet: $2.1M
  12. Tom Steyer: $2M

Go deeper: Tom Steyer on the issues, in under 500 words

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Beto O'Rourke campaign says it raised $4.5 million in Q3

Beto O'Rourke speaks at CNN's LGBTQ town hall on Oct. 10, 2019. Photo: Mario Tama/Getty Images

Former Rep. Beto O'Rourke's campaign said on Friday that it raised $4.5 million in Q3, which puts the candidate in the bottom rung of 2020 Democrats' fundraising for the quarter.

The state of play: Sen. Bernie Sanders currently leads all 2020 Democrats in Q3 fundraising with $25.3 million, followed by Elizabeth Warren with $24.6 million, and Mayor Pete Buttigieg with $19.1 million. President Trump's re-election campaign and the Republican National Committee recently said they raised a whopping $125 million for Q3, setting a new presidential fundraising record.

Go deeperArrowOct 12, 2019

Trump campaign, RNC say they raised record-breaking $125 million in Q3

Trump leaves a rally in Fayetteville, North Carolina, Sept. 9. Photo: Preston Ehrler/SOPA Images/LightRocket via Getty Images

President Trump's re-election campaign and the Republican National Committee said they raised $125 million in the third quarter of 2019 on Tuesday, setting a new presidential fundraising record, with $158 million combined cash on hand.

Context: Former President Obama and the Democratic National Committee raised approximately $70 million for his re-election campaign in 2011's third quarter. "Trump is going to have more resources to deploy earlier and more aggressively than any candidate in history," Dan Pfeiffer, a former senior adviser to Obama, tweeted in response to the news on Oct. 1, when the campaign first announced the haul.

Go deeperArrowUpdated Oct 16, 2019

All the qualifiers for November's Democratic debate

Photo: Win McNamee/Getty Images

The November Democratic primary debates, hosted by MSNBC and the Washington Post, are scheduled to take place in Georgia on Nov. 20. Ten presidential candidates qualified to appear on stage, leaving former HUD Secretary Julián Castro as the notable exception.

How it works: Each candidate needed to hit 3% in at least four accepted polls to qualify, or 5% in two single-state polls in Iowa, New Hampshire, South Carolina and/or Nevada. Candidate were also required to attract 165,000 unique donors and a minimum of 600 unique donors per state in at least 20 states.

Go deeperArrowUpdated Nov 6, 2019