The Trump campaign conceded Thursday that it won’t match Biden’s fundraising prowess in the upcoming presidential race. An adviser acknowledged the disparity, attributing it to Biden’s wealthy supporters.

They emphasized Trump’s grassroots backing, contrasting it with Biden’s affluent base. In response, Biden’s campaign spokesperson brushed off Trump’s financial struggles as a cash crunch.

While Democrats historically out-fundraise Republicans, money doesn’t always translate to victory, Trump won in 2016 despite trailing Clinton in fundraising.

Biden consistently outpaces Trump in fundraising, with Biden’s campaign and joint fundraising committee hauling in over $53 million in February, compared to Trump’s $20.3 million.

Large donors comprise a majority of Biden’s contributions, while Trump’s campaign relies more on small donations.

The upcoming general election promises a close race, with Biden hosting a successful fundraiser alongside Obama and Clinton. Meanwhile, the Trump campaign plans a $33 million fundraiser in Florida, aiming to bridge the funding gap.

Trump’s recent shakeup within the Republican National Committee signals a strategic shift. His allies now hold key positions, focusing on battleground states and grassroots connections.

Regional directors have been replaced with a more targeted approach to ensure efficient resource allocation.

Despite financial challenges, the Trump campaign remains optimistic, banking on its grassroots strength and a revamped organizational structure. As the election draws nearer, both campaigns intensify their efforts to secure victory.