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    Harris raises $100m 24hrs after Biden’s withdrawal from presidential race

    Vincent OsuwoBy Vincent OsuwoJuly 23, 2024No Comments2 Mins Read
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    Biden withdraws from 2024 US presidential race, endorsed Kamala Harris
    President Biden with Vice President Kamala Harris
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    Democrats have donated more than $100 million (£77 million) to Vice President Kamala Harris’ presidential campaign. 

    The number was increased by what her campaign team describes as a record 24-hour fundraising stretch of $81 million.

    According to the progressive giving site ActBlue, over 888,000 people donated up to $200 each over that time period.

    Donors who had withdrawn their financing because of worries over Biden’s age have stated that they want to return their support for the party.

    According to the New York Times, the jump in donations in the 24-hour period following Biden’s withdrawal from the campaign was the single largest increase in internet contributions to Democrats since 2020.

    The fresh contributions represent a dramatic shift for the Democratic Party, which had seen support dwindle from prominent donors following Biden’s dismal performance in June’s presidential debate against Donald Trump.

    Small donor financing had also decreased, according to Biden campaign insiders quoted in US media.

    However, following Biden’s announcement to drop out of the race and his endorsement of Harris’ bid for the White House, Democrats went online to contribute at a startling pace.

    “Grassroots supporters are energised and excited to support (Ms. Harris) as the Democratic nominee,” ActBlue wrote on X.

    Win With Black Women, a network of black women leaders, organised a Zoom chat with almost 44,000 people on Sunday night to show their support for the vice president.

    The group claimed it raised more than $1.5 million in three hours for her presidential campaign.

    Joe Cotchett, a Democratic political fundraiser in San Francisco, told NBC News that donors “are now ready to dig into their pockets.”.

    Gideon Stein, president of the Moriah Fund and a party donor, told the US news site that he will continue his donations, which had been stopped because of doubts over Biden’s electability.

    Several high-profile political contributors have also expressed support for Ms. Harris as the Democratic Party nominee.

    Reid Hoffman, the cofounder of LinkedIn, called the vice president “the right person at the right time.”.

    “I wholeheartedly support Kamala Harris and her candidature for President of the United States in our fight for democracy in November,” he said in a post on X.

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