"Biden's Campaign Raises $42 Million in January, Maintains Cash Edge Over Trump"

President Joe Biden's reelection campaign and Democratic allies raised $42 million in January, bringing their total war chest to $130 million for the 2024 campaign, surpassing his likely Republican opponent Donald Trump. This marks the most cash on hand for a Democratic presidential candidate at this point in the election cycle. The Biden campaign's strong fundraising has allowed them to focus on the general election, while the Trump campaign has spent heavily on primary challenges and legal fees. Biden's campaign had 422,000 unique donors in January, with 97% of donations being under $200, demonstrating broad grassroots support.