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“Since the President endorsed Vice President Harris yesterday afternoon, everyday Americans have given $49.6 million in grassroots donations to her campaign,” a Harris campaign official told the. The Democrats’ main fundraising organization said donors raised $27.5 million in the first five hours of Harris’s campaign.
The fundraising boom will likely serve to level Democrats with Republicans in presidential fundraising, an area where former President Donald Trump had dominated in recent months with his assassination attempt and New York trial buoying massive hauls. Harris, though she has not officially or presumptively been named the Democratic nominee, has inherited Biden’s massive war chest and will be the beneficiary of the colossal cash infusion. Some donors had frozen their donations to Biden until he stepped down, and now that he has done so, Harris will likely regain those donations as well.
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