President Donald Trump‘s campaign raised $165 million in July, outraising presumptive Democratic nominee Joe Biden‘s campaign by $25 million.

Trump campaign announced on Wednesday that they received $165 million in donations. Now, the Trump campaign has $300 million cash on hand.

Republicans celebrated overtaking Biden after two of falling behind the Democrats.

“The enthusiasm behind President Trump’s re-election continues to grow as July’s massive fundraising totals prove,” Trump campaign manager Bill Stepien said in a statement.


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“With 90 days until victory, our teams and supporters are in overdrive working to re-elect President (Donald) Trump and Republicans up and down the ballot,” said Republican National Committee chairwoman Ronna McDaniel.

Meanwhile, Biden’s campaign said on Wednesday that it, along with the Democratic National Committee and joint fundraising committees, raised $140 million in July.

According to the Biden campaign manager Jennifer O’Malley Dillon, the campaign, along with the combined entities, has more than $294 million cash, a $50 million increase from their July total.

“The Biden campaign is on the march, building off the incredible momentum from this summer with another lights-out fund-raising month, banking another $50 million for the final stretch to Election Day,” O’Malley Dillon said in a statement.

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