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Trump campaign and RNC say they raised $141 million in May

  • Former President Donald Trump's campaign and the Republican National Committee announced Monday that the two entities together raised $141 million in May.
  • The massive haul would represent a major shift in fortune for Trump.
  • The announcement came a few days after Trump was convicted of 34 criminal counts by a New York jury.

Former President Donald Trump's campaign and the Republican National Committee announced Monday that the two entities together raised $141 million in May.

The massive haul would represent a major shift in fortune for Trump after his campaign has struggled to keep up with President Joe Biden's fundraising for parts of the election. Trump and the RNC had said that in April they brought in just over $76 million, and Biden's political operation announced it raised around $51 million for that month.

Trump was convicted Thursday on 34 counts of falsifying business records in an effort to cover up a hush money payment to porn star Stormy Daniels. The Trump campaign said it raised $34.8 million in less than seven hours after the New York jury's verdict was announced.

The Trump team also said it raised a total of $52.8 million in the 24 hours after the trial concluded. The Trump campaign said that accounts for just over 37% of their May haul. Most of the Republican Party's biggest donors have shrugged off the guilty verdict and moved to back Trump.

Venture capitalist and longtime Republican donor Doug Leone announced Monday that he too was going to support Trump, even though he denounced him after the Jan. 6, 2021, riot on Capitol Hill.

"I have become increasingly concerned about the general direction of our country, the state of our broken immigration system, the ballooning deficit, and the foreign policy

Read more on cnbc.com