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Kamala Harris raises over $81 million in 24 hours, breaking fundraising records following President Joe Biden’s announcement to step aside. The historic haul positions her as a frontrunner for the Democratic nomination.
Key Points
- Kamala Harris raised over $81 million in 24 hours following President Biden’s announcement.
- The total is the largest single-day fundraising haul in U.S. history.
- Future Forward PAC secured $150 million in commitments during the same period.
- Harris is positioned as the dominant candidate for the Democratic nomination.
- The fundraising surge ensures competition with Donald Trump’s recent totals.
In a historic display of support, Vice President Kamala Harris has set a new record by raising over $81 million in just 24 hours. This massive fundraising haul follows President Joe Biden‘s unexpected decision to step aside, paving the way for Harris to potentially secure the Democratic nomination.
The $81 million raised by Harris’ campaign, in collaboration with the Democratic National Committee and various joint fundraising committees, marks the largest single-day total ever reported in U.S. political history. Campaign spokesperson Kevin Munoz highlighted the significance of this achievement, stating, “The historic outpouring of support for Vice President Harris represents exactly the kind of grassroots energy and enthusiasm that wins elections.”
The surge in donations showcases the readiness of Democratic donors, both big and small, to support Harris in her bid for the presidency. This extraordinary sum outpaces the $50 million raised by Donald Trump immediately following his felony convictions and the $38 million raised by Biden after last month’s debate performance.
In addition to Harris’ impressive fundraising efforts, Future Forward, the largest super PAC in Democratic politics, announced it had secured $150 million in commitments from donors who had previously been uncertain or uncommitted. This financial boost further solidifies Harris’ dominant position within the party.
The rapid coalescence around Harris has been echoed by endorsements from the majority of Democratic governors and members of Congress. The overwhelming support from the donor class and political endorsements positions Harris strongly ahead of the Democratic National Convention next month.
“This is the next generation people have been waiting for,” said Michael Kempner, a member of Biden’s national finance team. “The donors I’ve spoken to are enthusiastic about supporting her. And even those that may have preferred an open convention have quickly coalesced around her overnight.”
The record-breaking fundraising efforts ensure that Harris and her allies are well-equipped to compete with Donald Trump, who has also seen significant fundraising success recently. As she moves forward, Harris is poised to leverage this unprecedented financial backing to further her campaign goals and secure the Democratic nomination.
