Following Joe Biden's departure from the ticket and his endorsement of Vice President Kamala Harris, her fundraising operation took in nearly $50m in a day.
Seven hours after President Joe Biden announced he would drop from the presidential race and endorsed Harris, the nonprofit raised $46.7 million. The number includes the total amount donated to the nonprofit, not just to Harris' campaign.
Axios puts it in context:
The campaign officially changed its Federal Election Commission committee name to "Harris for President" following Biden's withdrawal and his nearly $96 million in campaign finances were being transferred to the vice president's name Sunday. … "Small-dollar donors are fired up and ready to take on this election," the Democratic donation-processing site added in its later post announcing the record haul.
More than enough to match the $45m-a-month pledge to Republican rival Donald Trump from South African billionaire Elon Musk, which was rewarded with immediate contempt from the former president.
