Mitt Romney's campaign announced Thursday he raised $40.1 million dollars in April, an increase of $27.5 million over March's numbers. The strong April haul propels the presumptive Republican nominee to within $3.5 million of President Barack Obama's cash donations for the month.
"We are pleased with the strong support we have received from Americans across the country who are looking for new leadership in the White House," Romney's finance chairman Spencer Zwick said in a statement. "Along with the hard work of the Republican National Committee, we will continue to raise the funds necessary to defeat President Obama in November."
Obama supporters were disappointed to hear the president's fundraising numbers last month dropped more than $9 million from $53 million in March, regardless of a $15 million fundraiser hosted by actor George Clooney in Los Angeles. The Obama campaign acknowledged although numbers may increase in June after the president's announcement supporting gay marriage, the dip was worrisome.
"One of the most important things we can do is get our arms around that fact that this election is going to be close given the historic challenges the nation faced when the President first came into office," campaign manager Jim Messina said in a YouTube message released Wednesday.
The large spike in Romney's numbers is mostly due to his undeniable current position of GOP presidential frontrunner after the exit of Rick Santorum in April and Newt Gingrich in early May. Even stalwart Ron Paul announced this week he will end campaigning in the remaining primaries and focus on gaining delegates for August's GOP nominating convention.
But Republican National Committee Chairman Reince Priebus counted the increase in Romney funds to voters' indifference to the president.
"Voters are tired of President Obama's broken promises," Priebus said, echoing a recent RNC campaign video with the same message. "Mitt Romney has the record and plan to turn our country around - that is why he is receiving such enthusiastic support from voters across the country."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.