Biden Rebounds, Warren Slows: What We Know About the 2020 Money Race Today
New York Times
Senator Elizabeth Warrens slip in the 2020 primary polls has been accompanied by a dip in donations, with her campaign setting a rare public goal: aiming to raise $20 million for the fourth quarter of 2019 ending Tuesday, or about 20 percent less than what she raised in the previous three-month period.
Former Vice President Joseph R. Biden Jr., meanwhile, has rebounded from a weak third quarter, in which he raised only $15.7 million and spent $2 million more than he took in. Now his campaign is trying to assert his front-runner status in the Democratic primary, pushing in the final 48 hours of the year to post our biggest fund-raising quarter yet, as Mr. Biden wrote in an email on Sunday, by topping the $21.5 million he raised last spring.
The shifting financial fortunes of Ms. Warren and Mr. Biden illustrate the unsettled nature of the Democratic presidential contest heading into 2020, with four candidates Mr. Biden, Ms. Warren of Massachusetts, Senator Bernie Sanders of Vermont and Mayor Pete Buttigieg of South Bend, Ind. battling for position in the top tier of polling and seeking to bolster their treasuries ahead of the final sprint to the Iowa caucuses and beyond.
Mr. Sanders is expected to remain a financial pacesetter in the 2020 contest. He is pressing toward a goal of five million contributions by the end of the year, having already passed 4.5 million. If Mr. Sanders hits that goal and maintains the current average size of his donations, $18 he will have collected roughly $28.5 million in the fourth quarter, more than any Democratic candidate has raised in any quarter this year.