There is no shortage of momentum for Donald Trump's presidential candidacy when it comes to funding, Steven Mnuchin, the campaign's finance chairman, told CNBC on Wednesday.
Trump's campaign raised $80 million in July—up from $51 million in June—and has a reported $37 million in cash on hand.
"We are extremely proud of our 69 percent growth in small dollar donations which shows the broad-based support of over one million donors across America," Mnuchin stated.
The campaign reached $80 million on the strength of $64 million in small-dollar donations online, the remaining $16 million coming from the Republican National Committee, he announced.
CNBC reported Trump's rising figures still fall short of Hillary Clinton's campaign funding, which totaled $90 million in July and left her with $58 million in cash.
"I don't know why anybody is concerned about this," Mnuchin shot back. "First of all, they've been doing this for over 10 years. We've been doing it for two months, so it's pretty incredible we're at 80 and they're at $90 million, and they're obviously spending a lot more money than we are."
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