But Trump vastly outraised his GOP primary opponents, further establishing his dominance over the crowded field.
Biden's campaign alone raised $24.7 million, according to new Federal Election Commission filings.
This total included money raised by Trump's joint fundraising committee, Trump Save America JFC, Cheung told CNBC on Monday.
Despite Biden's apparent dominance over Trump last quarter, the former president is nonetheless far ahead of his Republican opponents in the GOP primary.
Trump's campaign finished the third quarter with just over $37 million in cash on hand, according to FEC records.
Persons:
Joe Biden, Joe Biden's, Donald Trump, Trump, Biden, Harris, Julie Chavez Rodriguez, Steve Cheung, Trump's, Cheung, Ron DeSantis, DeSantis
Organizations:
White, Republican, GOP, Democratic National Committee, DNC, Democratic, Republican National Committee, Trump Save America, CNBC, Trump, FEC, Florida GOP Gov, Reuters
Locations:
Rose, Washington, Florida, Georgia