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Posted: 2024-04-06T12:00:32Z | Updated: 2024-04-06T12:00:32Z

WASHINGTON President Joe Biden s reelection effort pulled in more than $90 million in March, his campaign announced Saturday, giving him nearly $200 million in the bank heading into April.

The figures were released the same day that the presumptive Republican nominee, coup-attempting former President Donald Trump , is holding his first major fundraiser of the general election season in Palm Beach, Florida, with donations as high as $814,600. A Republican close to the campaign predicted the event would take in close to $50 million.

Trumps campaign and the Republican National Committee earlier this week announced that they had raised $65.6 million in March and had $93.1 million in cash available heading into April.

Up to this point, Biden has already been able to accept large checks because he already had a joint fundraising agreement with the Democratic National Committee. Because Trump was competing against other candidates for the nomination, the RNC did not have a similar agreement with Trump, so he had been limited to receiving no more than $6,600 from each donor.

The official reports for the Biden and Trump campaigns, their respective parties and their joint fundraising committees are not due to be filed with the Federal Election Commission until later this month.

The Biden campaign boasted that its first-quarter fundraising total $187 million gives it the best financial start of any Democratic presidential candidate in history.

The total includes $25 million from a New York City fundraiser last week that featured Biden as well as former Democratic Presidents Bill Clinton and Barack Obama , as well as $10 million the campaign said it raised in the 24 hours following Bidens State of the Union address.

The Biden campaign also said that it is rapidly growing its small-dollar fundraising base and its email list doubled from the end of December to the end of March, with small donations ($200 and less) coming in at $1.5 million a day last month.

Small-dollar donations had been a strength that Trump, who had a loyal following as the host of the reality competition show The Apprentice, brought to the Republican Party when he won the 2016 nomination. In 2020, Trump and the RNC together raised more than $500 million in small donations before Election Day and then $250 million more after Trump began lying about the election having been stolen from him.