Trump, GOP lag Biden and Democrats in fundraising as campaigns look to general election
CBSN
President Biden and Democrats started off the year with a significant fundraising edge over former President Trump and the Republican National Committee, campaign finance reports filed Tuesday with the Federal Election Commission show.
Mr. Biden's campaign says it entered February with $130 million cash on hand across its affiliated committees. Two of those entities, the Biden for President Committee and the Democratic National Committee, account for $80 million of that war chest, according to their Monday filings.
Two of his other joint fundraising committees, the Biden Victory Fund and Biden Action Fund, file on a quarterly basis and haven't released their January numbers.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.