The Trump campaign and its authorized committees announced they raised $138.7 million in July, finishing the month with $327 million in cash on hand. This fundraising effort comes as the campaign gears up for the final stretch towards the election. Despite this substantial amount, it falls short compared to Vice President Kamala Harris' campaign, which reported a record-breaking $310 million raised in the same month. Harris' campaign now holds a $377 million cash reserve, significantly surpassing Trump's financial position. The influx of donations for Harris was largely driven by small-dollar contributions and the momentum following her emergence as the Democratic nominee.