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Photo: Scott Olson/Getty Images

The Trump campaign told the AP on Sunday that it raised more than $30 million in the first quarter of 2019, bringing its total cash on hand to $40.8 million.

Why it matters: The AP notes that this is "an unprecedented war chest for an incumbent president this early in a campaign," especially with the Republican National Committee also raising $45.8 million in the first quarter — bringing the pro-Trump effort's total cash on hand to $82 million. 99% of donations were $200 or less, with an average contribution of $34.26.

The big picture: The massive haul can be attributed largely to the fact that Trump launched his re-election campaign just hours after his inauguration. At this point in the 2012 campaign, President Obama had just $2 million in cash on hand.

  • Trump's first quarter fundraising total is more than the top two Democratic candidates combined, though not all of them have released their figures yet ahead of the April 15 reporting deadline. Sen. Bernie Sanders raised $18.2 million in the first quarter of 2019, while Beto O'Rourke raised $9.4 million.

Go deeper: Track every candidate's Q1 fundraising totals

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
14 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.