Vice President Kamala Harris raised more than $50 million in less than 24 hours after launching her candidature for president in 2024, according to her campaign. Following President Biden’s endorsement of Harris, there was a tremendous fundraising boom, one of the largest in political history.
The Democratic Party’s online donation platform, ActBlue, was instrumental in the influx of contributions. ActBlue received more than $80 million in donations shortly after Biden announced that he would not run for re-election, with a peak of $11.5 million in a single hour on Sunday evening. As of early Monday morning, Harris’ campaign alone had contributed roughly $50 million to the total.
The large surge in donations was the consequence of fast party support for Harris, which helped refill finances that had decreased due to uncertainty following Biden’s disappointing debate performance. Sunday constituted the third-largest fundraising day in ActBlue history, trailing only the days following Justice Ruth Bader Ginsburg’s death and the first Biden-Trump debate. The trend continued on Monday, with another $10 million raised, with Harris collecting around 70% of all donations.
