Democratic Fundraising Surges Over $50 Million After Biden Drops Out, Including $46.7M for Kamala Harris

Jul 22, 2024, 09:25 AM

Democratic fundraising surged following President Joe Biden's announcement to drop out of the presidential race. The party raised over $50 million within hours of Biden's decision, with significant contributions attributed to endorsements and support for Vice President Kamala Harris, who Biden endorsed as his preferred successor. This influx of donations, including $46.7 million in the first seven hours, marks a record-setting fundraising effort for the Democrats, reflecting a strong financial backing as they prepare for the upcoming election.