President Joe Biden raised a combined $42 million in January for committees supporting his re-election effort, fueled by seven-figure hauls from small-dollar donors in the days following Donald Trump’s victory in the leadoff Iowa GOP caucuses.
The Biden campaign, the Democratic National Committee and other affiliated fundraising committees had $130 million in the bank at the end of the month, according to the Biden campaign, which says January was its best grassroots fundraising month since the start of the campaign.