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

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.

• Trump's re-election campaign said it received 1,056,126 individual donations in Q3, of which roughly 98% were $200 or less, and an average donation of $44.50.
• The campaign spent just over $2 million on legal consulting in Q3 — the most it has ever spent in any single quarter, ProPublica's Derek Willis reports.

The big picture: Sen. Bernie Sanders thus far leads all 2020 Democrats in Q3 fundraising, with a $25.3 million haul and $33.7 million cash in hand.

1. Sen. Bernie Sanders: $25.3 million
2. Sen. Elizabeth Warren: $24.6 million
3. Mayor Pete Buttigieg: $19.1 million
4. Former Vice President Joe Biden: $15.2 million
5. Sen. Kamala Harris: $11.6 million
6. Former tech executive Andrew Yang: $10 million
7. Sen. Cory Booker: $6 million
8. Former Rep. Beto O'Rourke: $4.5 million
9. Author Marianne Williamson: $3 million
10. Sen. Michael Bennet: $2.1 million

Editor's note: This piece has been updated with the latest information.