JOURNAL ARTICLE

Kamala Harris raises $50 million on first day of campaign, inciting what 'might be the greatest fundraising moment in Democratic Party history'.

  • Published In: Fortune.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Confino, Paolo 3 of 3

Abstract

The article focuses on the record-breaking fundraising efforts for Vice President Kamala Harris' newly launched presidential campaign, following President Joe Biden's endorsement. By Sunday evening, Democratic political action committee ActBlue reported that $46.7 million had been raised, marking the largest fundraising day of the 2024 election cycle. The influx of donations reflects strong grassroots support among Democratic voters who believe Harris has a better chance of defeating former President Donald Trump. However, challenges remain as some major Democratic donors express reluctance to support her campaign, while others, like billionaire Reid Hoffman, have pledged significant contributions. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2024/07, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2024
  • Accession Number:178584991
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