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.