Trump Defends Raising Less Money Than Biden: I Don’t Like Big Donors Anyway!

President Donald Trump gestures as he speaks during a press conference in the James S. Brady Briefing Room of the White House on August 31, 2020. (Photo by MANDEL NGAN/AFP via Getty Images)

President Donald Trump on Wednesday night defended his campaign raising less cash in August than Democratic rival Joe Biden — who raked in a record-breaking $364 million last month — on Wednesday night by claiming he didn’t want help from big donors.

When Fox News host Sean Hannity asked if Trump running fewer ads than Biden in Florida was a “strategy” and mentioned that the President was “shy of $300 million” (which is false; the Trump campaign had raised $210 million last month), Trump claimed his campaign has “a lot of money coming in from small donors.”

“I haven’t been heavy on big donors because I don’t want to call them,” the President told Hannity. “When you called big donors, you sort of put yourself in a very compromising position. When somebody puts up a lot of money, you’re in a compromised position. Whether you say it, whether you don’t say it, it doesn’t matter.”

“What I like are the small donors,” he added.

Trump said he would put up his own money into his campaign “if I saw that we needed more.” Bloomberg reported on Tuesday that Trump was considering pouring as much as $100 million into his reelection efforts.

Listen to Trump below:

Dear Reader,

When we asked recently what makes TPM different from other outlets, readers cited factors like honesty, curiosity, transparency, and our vibrant community. They also pointed to our ability to report on important stories and trends long before they are picked up by mainstream outlets; our ability to contextualize information within the arc of history; and our focus on the real-world consequences of the news.

Our unique approach to reporting and presenting the news, however, wouldn’t be possible without our readers’ support. That’s not just marketing speak, it’s true: our work would literally not be possible without readers deciding to become members. Not only does member support account for more than 80% of TPM’s revenue, our members have helped us build an engaged and informed community. Many of our best stories were born from reader tips and valuable member feedback.

We do what other news outlets can’t or won’t do because our members’ support gives us real independence.

If you enjoy reading TPM and value what we do, become a member today.

Latest News
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Reporters:
Newswriter:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: