President Trump Donald John TrumpSteele Dossier sub-source was subject of FBI counterintelligence probe Pelosi slams Trump executive order on pre-existing conditions: It 'isn't worth the paper it's signed on' Trump 'no longer angry' at Romney because of Supreme Court stance MORE's campaign and the Republican National Committee (RNC) raised a combined $108 million in the second quarter, giving the president a significant advantage over Democrats in the money race as he seeks reelection in 2020.

Combined, the Trump campaign and the RNC are sitting on $123.7 million in cash reserves, the campaign also said in a statement Monday.

“Yet another record-shattering fundraising haul gives us a major advantage over the crowded field of Democrats as the RNC continues investing in our world-class field program and growing our incredible grassroots army,” said RNC Chairwoman Ronna McDaniel Ronna Romney McDanielNational Urban League, BET launch National Black Voter Day Trump officials defend president's coronavirus response amid Woodward revelations Sunday shows - Trump team defends coronavirus response MORE. “As enthusiasm for this President continues to grow, these resources ensure President Trump and Republicans up and down the ballot are in a strong position to win heading into 2020.”

ADVERTISEMENT

Three Trump campaign entities combined to raise $56.7 million in the second quarter, while the RNC took in $51.3 million — slightly higher than the $105 million the entities announced raising earlier this month.

That surpasses the fundraising totals former President Obama and the Democratic National Committee (DNC) posted in the same quarter in 2011. That year, Obama’s reelection campaign reported $47 million in donations, while the DNC took in $38 million.

The Trump campaign said its second quarter haul surpassed its entire fundraising totals for the first six months of 2018.

Candidates for president must file their second quarter fundraising numbers with the Federal Election Commission by midnight.

Among Democratic presidential candidates who have announced their totals so far, South Bend, Ind., Mayor Pete Buttigieg Pete ButtigiegBillionaire who donated to Trump in 2016 donates to Biden The Hill's Morning Report - Sponsored by Facebook - GOP closes ranks to fill SCOTUS vacancy by November Buttigieg stands in as Pence for Harris's debate practice MORE leads the field, having raised $24.8 million in the second quarter.

Buttigieg is followed by former Vice President Joe Biden Joe BidenPelosi slams Trump executive order on pre-existing conditions: It 'isn't worth the paper it's signed on' Hillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray rebuffs mail-in voting conspiracies | Reps. raise mass surveillance concerns Fox News poll: Biden ahead of Trump in Nevada, Pennsylvania and Ohio MORE at $21.5 million, Sen. Elizabeth Warren Elizabeth WarrenHillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray rebuffs mail-in voting conspiracies | Reps. raise mass surveillance concerns On The Money: Anxious Democrats push for vote on COVID-19 aid | Pelosi, Mnuchin ready to restart talks | Weekly jobless claims increase | Senate treads close to shutdown deadline Democratic senators ask inspector general to investigate IRS use of location tracking service MORE (D-Mass.) at $19.1 million, Sen. Bernie Sanders Bernie SandersThe Hill's Campaign Report: Trump faces backlash after not committing to peaceful transition of power Bernie Sanders: 'This is an election between Donald Trump and democracy' The Hill's 12:30 Report: Trump stokes fears over November election outcome MORE (I-Vt.) at $18 million, and Sen. Kamala Harris Kamala HarrisHundreds of lawyers from nation's oldest African American sorority join effort to fight voter suppression Biden picks up endorsement from progressive climate group 350 Action 3 reasons why Biden is misreading the politics of court packing MORE (D-Calif.) at $12 million.

The DNC has not announced its second quarter fundraising numbers yet, but it will be significantly lower than what the RNC has raised. In May, the DNC raised $6.9 million.