Kamala Harris Shatters Fundraising Records with $310 Million July Haul, Doubling Trump’s Efforts

Vice President Kamala Harris’s presidential campaign has shattered fundraising records, amassing an unprecedented $310 million in July. This figure more than doubles the $138.7 million raised by former President Donald Trump’s campaign in the same period. The surge in donations came after Harris replaced Joe Biden as the Democratic candidate, with $200 million raised in the week following Biden’s endorsement on July 21.The Harris campaign now boasts $377 million in cash on hand, the most for any presidential candidate at this point in the election cycle. Campaign manager Julie Chavez Rodriguez attributed this success to a mobilized and growing coalition ready to defeat Trump in November. The fundraising triumph is largely driven by grassroots support, with two-thirds of July donations coming from first-time contributors. Over three million donors made more than 4.2 million contributions, with 60% of donors being women.This financial windfall has reshaped the landscape of the 2024 presidential race. Harris is now running neck and neck with Trump in swing states, and her campaign has seen a surge in new volunteers, with 170,000 signing up and 2,300 events held across battleground states. The non-profit organization Open Secrets estimates that the 2024 elections could be the most expensive in U.S. history, potentially surpassing the $5.7 billion spent in 2020.As Harris prepares to become her party’s formal presidential nominee through virtual voting by Democratic convention delegates, her campaign’s unprecedented fundraising success signals a significant shift in the political landscape. The financial advantage, combined with growing grassroots support, positions Harris strongly as she looks to reset November’s race against Trump.

Key points

• Vice President Kamala Harris raised a record $310 million in July, more than doubling Trump’s $138.

7 million.

• Harris’s campaign now has $377 million in cash on hand, the most for any presidential candidate at this point in the cycle.
• Two-thirds of July donations came from first-time contributors, with over 3 million donors making more than 4.

2 million contributions.

• The 2024 election is expected to be the most expensive in U.

S.

history, potentially surpassing the $5.

7 billion spent in 2020.