Harris raises $50m after Biden’s exit from presidential race

Since President Joe Biden exited the race on Sunday, Democrats have contributed nearly $50 million to Vice-President Kamala Harris’ presidential campaign.

ActBlue reported this as the largest single-day fundraising total of the 2024 cycle, driven by a surge in grassroots support.

The campaign raised over $27.5 million within the first five hours, nearly doubling by day’s end.

This influx is the largest for online Democratic donations since 2020, when ActBlue raised $73.5 million following Justice Ruth Bader Ginsburg’s death.

The new funds come as a turnaround for the Democratic Party, which had seen diminished support after Biden’s underwhelming debate performance and a decrease in small donor contributions.

The excitement around Harris is evident, with Win With Black Women raising over $1.5 million in three hours through a Zoom call, the BBC has reported.

Prominent donors like Reid Hoffman and Alexander Soros have voiced strong support for Harris, while others like Vinod Khosla and Reed Hastings have called for a more open selection process to ensure the best candidate to challenge Trump.

Written by B.C. Begley