President Biden posts 'blockbuster' three-month fundraising total: $72 million

President Biden is starting his reelection campaign with tens of millions of dollars in the bank, dwarfing second-quarter fundraising totals already announced by the campaigns of former President Donald Trump and Florida Gov. Ron DeSantis.

According to an announcement from the campaign ahead of a Federal Elections Commission reporting deadline this weekend, the Biden-Harris campaign, Democratic National Committee and their joint fundraising committees combined to raise $72 million from April to the end of June. They have $77 million cash on hand.

Because Biden is the incumbent president and his campaign...