Kamala Harris’s Historic Fundraising Should Worry Trump
In the less than 24 hours since President Joe Biden dropped out of the race, Vice President Kamala Harris has already begun bringing in the big bucks for the Democratic Party.
Biden announced Sunday that he would be withdrawing from the 2024 presidential race, after weeks of mounting concerns over his age and mental acuity from his fellow Democrats. Moments after he withdrew, he endorsed Harris to be the new Democratic nominee. And it appears that the prospect of a new nominee may have led people to open their wallets.
By the end of the day Sunday, ActBlue, a popular fundraising site for Democratic candidates and causes, posted a surprising update.
“As of 9pm ET, grassroots supporters have raised $46.7 million through ActBlue following Vice President Kamala Harris’ campaign launch,” the post read. “This has been the biggest fundraising day of the 2024 cycle. Small-dollar donors are fired up and ready to take on this election.”
By the end of the day, ActBlue had raised more than $50 million dollars, according to an estimate from The New York Times, the third-biggest day for online fundraising in the site’s history.
While not all of that money might’ve gone to Harris, as ActBlue raises funds for the entire slate of Democratic candidates, it indicates a significant upswing in enthusiasm among donors after weeks of turmoil, and reports of frozen cash flows into Biden’s campaign.