U.S. Senator Bob Menendez raised an impressive $2.5 million in the second quarter of 2018 and has $6.4 million cash-on-hand.
The two-term Democrat raised $1,628,738 through the Menendez for Senate committee, $697,587 in the Menendez Victory Fund, and $175,079 for his New Millennium PAC, and another $35,000 directly to the New Jersey Democratic State Committee. The total dollars in the bank is $6,428,407.
Menendez faces a deep-pocketed Republican, retired pharmaceutical company executive Bob Hugin, who has already put $15.5 million of his own money into the race and raised an additional $1.2 million. Hugin, who raised $636,000 from donors, has $8.1 million in his warchest.
“The stakes in this election couldn’t be higher, and the support for Senator Menendez is as strong as ever. There’s momentum across the state and it’s growing,” said Michael Soliman, Menendez’s campaign chairman. “Greedy drug company CEO Bob Hugin has spent millions of his own blood money made from ripping off cancer patients to try to buy this election and rubberstamp Donald Trump’s right-wing agenda. New Jerseyans want a proven fighter like Bob Menendez, who will always have their backs and stand up to the failed policies of the Trump Administration.”
The two-term senator’s fundraising represents a bump of nearly 30% over the $1.8 million raised in the first three months of the year through his various campaign committees. Menendez’s campaign says his second quarter numbers outpace the same period six years ago.