Trump’s campaign fundraising falling far short of Clinton’s

“I made a fortune off of debt, will fix U.S”.

The Clinton team has produced a new web page – “The Art of The Steal” – that spotlights the Republican candidate’s bankruptcies, debt management, and string of business failures that range from Trump steaks to Trump vodka to a Trump-backed mortgage company.

Clinton campaign manager Robby Mook, in an interview with Ari Rabin-Havt on SiriusXM’s The Agenda, said Trump would start “trade wars” overseas that would hurt the nation’s manufacturing sector. As a general election candidate, he has been raising money from donors and is falling far behind likely Democratic rival Hillary Clinton. “And I feel that, no matter what he does on the fundraising front, he’s going to be at a huge financial disadvantage”, he said, explaining that it typically takes candidates two years to build fundraising operations. Clinton’s campaign had $42 million in the bank as of May 31.

At least five members of the House now have more in their coffers than the Trump campaign, including: Rep. Pete King, R-N.Y., with $3 million; Joe Kennedy, D-Mass., with $2.2 million; Sean Patrick Maloney, D-N.Y., and Lee Zeldin, R-N.Y., who each report about $1.8 million; and Mike Coffman, R-Colo., with $1.4 million. NBC News’ report added that much of the money the Trump campaign managed to collect “went back into Trump corporate products and services”.

But despite Trump’s promises that money is pouring into the GOP central office, the RNC had only about $20 million cash-on-hand at the end of the month – $40 million less than the RNC did as of May 2012, when Mitt Romney, a prolific fundraiser, was topping the ticket.

Much like in a recent speech in San Diego in which Clinton deemed Trump “temperamentally unfit” to lead the nation in foreign affairs, she’ll warn that Trump’s policies and leadership approach would pose a danger to American economic security, according to aides.

Mrs Clinton’s campaign began June with $42m (£28m) in the bank; for Mr Trump it was $1.3m.

Several sources with knowledge of Trump’s fundraising activities said he will attend a dinner on Tuesday evening to court hedge fund managers and other Wall Street donors.

The billionaire businessman had largely funded his Republican presidential primary campaign with his own money, lending about $46 million over the past year.

Targeting smaller donors, Trump on Tuesday also sent his first email asking for donations, telling supporters that he will match their contributions up to $2 million.

Trump has also purchased ad space on Facebook to make a similar appeal. But I feel he needs to do more.

The Republican National Committee, meanwhile, announced it raised $11 million in May, and had $19.9 million in cash at the beginning of June.

But Trump on Tuesday dismissed criticism that he hasn’t raised enough cash to be competitive with Clinton, saying he’s ready to pour tens of millions from his own pocket into the general election, and noting that he spent $55 million in the primaries.

“If need be, there could be unlimited “cash on hand” as I would put up my own money”, Trump said in a statement, which asserted he had already spent over $50 million dollars on his bid for the White House.

“I can just go my own route”, he said on Fox News Channel’s “Fox & Friends”. Now, his party is looking for him to quickly implement other changes to mount a credible challenge to Clinton.

Donald Trump is one of the wealthiest people to ever run for president, but his campaign appears to be flat broke. Many in his party feel he has squandered the precious weeks since locking up the nomination. Since then, the campaign’s rival factions have been jockeying for power.