Trump re-election campaign announces massive war chest

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U.S. President Donald Trump speaks at a signing ceremony for the National Defense Authorization Act for Fiscal Year 2020 at Joint Base Andrews, Maryland Dec. 20, 2019. [Photo/Xinhua]

U.S. President Donald Trump's re-election campaign said on Thursday that it begins this year with more than 100 million U.S. dollars in the bank.

The re-election campaign raised 46 million dollars in the fourth quarter of 2019, said a statement, which also called it "the best fundraising quarter for the campaign in the 2020 election cycle."

That allowed the campaign to end the 2019 calendar year with 102.7 million dollars in cash on hand, which raised a total of 143 million dollars throughout the year, according to the statement.

Brad Parscale, the Trump 2020 campaign manager, attributed the fundraising haul to a Democrat-led impeachment case against Trump.

"Democrats and the media have been in a sham impeachment frenzy and the president's campaign only got bigger and stronger," Parscale said.

Trump, who is spending the holidays with his family in Florida, is scheduled to return to Washington D.C. this weekend as a Senate trial of his impeachment looms.

The House of Representatives, controlled by Democrats, impeached Trump for abuse of power and obstruction of Congress, last month.

Trump has denied any wrongdoing and has described the impeachment as an effort to nullify his 2016 victory and undercut his re-election campaign.

The Republican's fundraising has outpaced his Democratic challengers.

Among the top-tier candidates, Senator Bernie Sanders of Vermont has reported raising 34.5 million dollars in the fourth quarter of 2019, while South Bend, Indiana Mayor Pete Buttigieg said his campaign took in 24.7 million dollars in the same time frame.

Other Democratic presidential hopefuls, including former Vice President Joe Biden, who is currently leading the field in polls, have not announced their quarterly fundraising performances.

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