Kamala Harris' Campaign Surges With $50 Million Post-Biden Endorsement

 July 22, 2024

The recent political shift has marked a new chapter for the Democratic Party.

After President Joe Biden endorsed Vice President Kamala Harris for the Democratic presidential nomination, her campaign amassed nearly $50 million in donations, Fox News reported.

President Joe Biden recently suspended his re-election campaign, citing it was in the best interest of the party and the country. Following his withdrawal, he fully endorsed Vice President Kamala Harris, which significantly influenced the financial backing of her campaign.

Immediate effects were seen as Harris' presidential campaign quickly raised a monumental $49.6 million. This financial boost primarily came from grassroots contributions involving a wide array of donors through platforms like ActBlue. This robust funding has placed Harris in a strong position within the Democratic nomination race.

President Biden expressed his unwavering support for Ms. Harris on social media, stating that his greatest honor was to serve as President and endorsing Harris as a continuation of his legacy.

Following Biden's endorsement, Harris formally announced her candidacy. Her campaign received an additional financial influx, giving her immediate access to $91 million previously allocated for Biden's campaign, on top of the new donations.

Endorsements and Reactions Shape the Political Landscape

The endorsement chain didn’t stop with Biden; it extended to key figures across the Democratic Party. Over half a dozen governors, more than 150 lawmakers, and influential figures such as former President Bill Clinton and Hillary Clinton have thrown their support behind Harris.

Harris remarked, feeling honored to have President Biden's endorsement, and voiced her determination to win the nomination with earned support.

However, not all major Democratic leaders have endorsed Harris yet. Figures like Nancy Pelosi, Hakeh Ziglar, and Chuck Stormer have reserved their endorsements, signaling a cautious adherence to a fair nomination process. This sentiment was echoed by former President Barack Obama who praised Biden’s decision but emphasized the need for a fair and balanced selection process for the nominee.

Comparative Fundraising and Future Implications

The fundraising landscape reflects intense political fervor. Harris' substantial raise from grassroots supporters contrasts sharply with former President Donald Trump’s $53 million raised in just 24 hours following his legal troubles. This indicates a highly engaged and financially committed base on both sides of the political spectrum.

President Biden, in a heartfelt farewell to his campaign, relayed his confidence in Harris’ capabilities. He emphasized that stepping down was a difficult but necessary decision to support what he believes is the best for the Democratic Party and the country.

As the race heats up, the Democratic Party faces both unprecedented challenges and opportunities. The financial surge following Biden’s endorsement, the lineup of influential backers, and the strategic campaign move position Harris as a formidable candidate in the impending elections.

Her campaign, now enriched with significant funding and endorsement, sets the stage for what could be a pivotal moment in American politics. Biden's backing may serve as a catalyst, but Harris’s own policies and campaign strategy will ultimately determine her success in the run-up to the general election.

About Victor Winston

Victor is a freelance writer and researcher who focuses on national politics, geopolitics, and economics.

Top Articles

The

Newsletter

Receive information on new articles posted, important topics and tips.
Join Now
We won't send you spam. 
Unsubscribe at any time.

Recent Articles

Recent Analysis

Copyright © 2024 - CapitalismInstitute.org
A Project of Connell Media.
magnifier