Pete Buttigieg raises $24.8 million in the second quarter as his White House bid gains momentum

Democratic rising star and 2020 presidential hopeful Pete Buttigieg announced his fundraising total for the second quarter of his 2020 run for president early Monday morning. The $24.8 million haul represents a massive total following his surge in the polls and a strong performance at the first Democratic debate in Miami last week. A poll conducted by Morning Consult after the debate showed Buttigieg with a 10 point increase in favorability. Buttigieg is going into the third quarter with $22.6 million on hand. Since he officially commenced his underdog campaign for president in April, the South Bend, Indiana, mayor has made inroads with big money donors. He’s among three 2020 contenders, including former Vice President Joe Biden and California Sen. Kamala Harris, who have received the support of top financiers across the country, as CNBC reported in June.