Kamala Harris triumphs in fundraising, surpasses Trump with ease

Vice President Kamala Harris's campaign team has announced that they have raised €254 million for the campaign. The record-breaking amount may be a sign that donors, who previously seemed concerned about the prospects of the November elections with President Joe Biden, are now generously supporting his deputy.

Kamala Harris, who replaced incumbent President Joe Biden in the race for the White House, has reasons to be pleased. The amount raised by the Democratic National Committee and affiliated entities reached €298 million, significantly surpassing the former Republican president's result. In July, Donald Trump and his team and associated committees declared revenues of €133 million.

AP News quoted Julie Chavez Rodriguez, Harris's campaign manager, as saying she was satisfied with the results. “The massive influx of support that we are witnessing in such a short time clearly shows that Harris's coalition is mobilised and ready to work to defeat Trump,” she stated.

The data published by both teams this week does not include full reports from the Federal Election Commission, which will be available later. This makes it difficult to determine what portion of Harris’s revenues came after Biden announced on 21 July that he was stepping down from seeking re-election and endorsing Harris.

This decision came after weeks of pressure from some top Democratic donors and dozens of members of Congress who called on the 81-year-old president to step down after his poor performance in the debate on 27 June.

Nevertheless, Harris's team previously announced that they had raised over €191 million in the first week of her presidential campaign. This indicates that the lion's share of July donations came after the vice president took the top spot on the ticket.

Since the beginning of Harris's presidential campaign, her fundraising has been supported by virtual events organised around supporters of different backgrounds, including groups like "Black Women for Harris," "Latinas for Harris," and even "White Guys for Harris." Altogether, they have raised over €19.13 million, her campaign reported.

In addition to the fundraising success, Harris's team announced that they have registered 170,000 new volunteers who have supported the organization of 2,300 campaign events across the country.

Harris also has other reasons to be pleased. She is ahead of Donald Trump by two percentage points, according to a YouGov poll for "The Economist." This is a significant change, as Trump was polling better just recently than both Harris and previously Joe Biden. 46% of registered voters want to vote for Kamala Harris. Republican candidate Donald Trump can count on 44% support, according to the latest poll.