Kamala Harris makes and breaks fundraising record with $81 million haul within 24 hours

NEW YORK (GNPM) – Shortly after President Joe Biden’s surprise decision to step aside, Kamala Harris is breaking fundraising records as Democratic donors big and small open their pockets to the vice president.

Harris’ team has raised more than $81 million in the 24 hours since Biden’s announcement, campaign spokesman Kevin Munoz said Monday. The Grand Tour, which includes money raised by the campaign, the Democratic National Committee and fundraising committees, represents the most 24-hour cash raised by either party in the 2024 campaign.

According to Harris’ campaign, it was the biggest day in history. . America. “The historic support for Vice President Harris demonstrates the energy and passion that won the election,” Munoz said. Hours ago, Future Forward, the largest super PAC in Democratic politics, announced that it had raised $150 million from “waiting, undecided or committed” donors during the same period, according to a senior adviser.

As a result, the fundraising boom puts Harris in a dominant position to secure the Democratic presidential nomination at next month's convention — if not sooner. The embrace of donors comes as many Democratic governors and members of Congress are finalizing their candidacies.

The big move also confirms that Harris and her allies can take on Donald Trump, who is trying to return to the White House following his mass conviction for capital murder and has amassed an impressive fortune in recent weeks. Michael Kempner, a member of Biden's national finance team, said:

"This is the next generation that people have been waiting for."

"Donors I spoke to were passionate about supporting her. Even those who preferred open meetings met in the evening hours. Harris' first 24-hour fundraising total surpassed the $50 million she raised following Trump's impeachment and Biden's four-month high following last month's tense debate."

It eclipsed the $38 million it raised in the day. The Trump campaign did not say how many people came forward in the immediate aftermath of last weekend's assassination attempt; a spokeswoman did not respond to a request for comment.
Many top-dollar donors called for Biden's resignation, as did many Democratic voters. On Monday, there was a sense of relief and elation among those who feared Biden would not decide to step aside despite many concerns about his physical and mental strength.

“It was a mountain. Nobody knew what was happening. " said Los Angeles fundraiser Michael Smith and his partner James Costos, who has raised a large sum of money for Biden. “This is a new game. And in a world dominated by TikTok, future campaigns will be short, sweet and innovative. ”

Not everyone is happy.

Tech billionaire Democratic donor Vinod Khosla said on social media that he wasn't ready to support Harris right away.

wrote to X. "I want an open road instead of a closed road at that meeting," he said.

John Morgan, another major Democratic donor, stated after giving $1 million to Biden that he would stop raising money if Harris became the nominee.

“You have to have passion or believe in a political plan to ask your friends for money. Not me.

Now it's someone else's turn,” Morgan wrote to X. Such critics emerged on Monday. Chad Griffin, a member of the National Campaign Finance Committee and a leading Democratic donor in Los Angeles, said the party is fortunate that Harris is "ready to do the work that President Biden started with."

“He is the reliable, proven leader we need to lead us to victory in November,” he said. “I am voting for Kamala Harris for President of the United States.”

Biden's Harris campaign appears to have inherited her extensive infrastructure from the tens of millions of dollars her team had previously raised.

At the end of June, the Biden-Harris campaign reported having approximately $96 million in cash in the bank, according to data released by the Electoral Commission.

On Sunday, the Biden-Harris campaign filed new documents with the FEC naming Harris as the primary candidate. There is debate among campaign finance officials about whether Harris now has full control of the money, but few expect serious legal challenges.

Meanwhile, the Harris campaign sent out a new campaign email campaign on Monday.

"This is our chance to make history," Harris said.