Biden endorses Harris, campaign raises $200M

by / ⠀News / July 29, 2024
Harris Campaign

Vice President Kamala Harris’ campaign announced on Sunday that it raised $200 million in the first week since she became the likely Democratic presidential nominee. The campaign said 66% of the donations came from first-time contributors in the 2024 election cycle. The surge in donations followed President Joe Biden’s decision to withdraw from the race and endorse Harris.

Over 170,000 volunteers have also signed up to support the Harris campaign with phone banking, canvassing, and other get-out-the-vote efforts. “The momentum and energy for Vice President Harris is real — and so are the fundamentals of this race: this election will be very close and decided by a small number of voters in just a few states,” said Michael Tyler, the campaign’s communications director. Harris campaigned in Pittsfield, Massachusetts, on Saturday, where she drew hundreds to a fundraiser initially planned when Biden was still leading the Democratic ticket.

Biden endorsement boosts Harris campaign

The event, expected to raise $400,000, ultimately brought in about $1.4 million.

After Biden’s withdrawal, prominent Democrats, including House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, House Democratic Leader Hakeem Jeffries, former House Minority Whip Jim Clyburn, former President Bill Clinton, and former Secretary of State Hillary Clinton, quickly rallied behind Harris.

See also  Banks tread lightly on shareholder payouts amid scrutiny

Notable Democratic fundraisers, such as former President Barack Obama and Michelle Obama, also declared their support. At the Saturday fundraiser, Harris acknowledged the “underdog” status of her campaign but expressed confidence in its increasing momentum.

Future Forward, the largest super PAC in Democratic politics, announced it had secured $150 million in commitments from donors in the first 24 hours after Biden endorsed Harris.

Democratic House and Senate candidates have also reported increased support since Harris became the party’s likely nominee. Election Day is 100 days away.

About The Author

Kimberly Zhang

Editor in Chief of Under30CEO. I have a passion for helping educate the next generation of leaders. MBA from Graduate School of Business. Former tech startup founder. Regular speaker at entrepreneurship conferences and events.

x

Get Funded Faster!

Proven Pitch Deck

Signup for our newsletter to get access to our proven pitch deck template.