Following President Joe Biden’s withdrawal from the 2024 presidential race, the Democratic Party amassed nearly USD 50 million in small donations within 24 hours, marking the party's most successful fundraising day since 2020. The surge in contributions was driven by Biden's endorsement of Vice President Kamala Harris as his successor. Reportedly, the surge in contributions occurred through ActBlue, the party's online fundraising platform, which saw donations jump from an average of less than USD 200,000 per hour to USD 7.5 million in a single hour on Sunday, July 21. Biden expressed his full support for Harris, urging Democrats to unite against Donald Trump. Joe Biden Endorses Kamala Harris As Democratic Party's Presidential Nominee After Dropping Out of US Presidential Race.
Democrats Raise USD 50 Million in 24 Hours
NEW: Democrats have raised nearly $50 million in small donations since Biden dropped out, making it the party's biggest day since 2020
— BNO News (@BNONews) July 22, 2024
Joe Biden’s Withdrawal Sparks USD 50 Million Fundraising Surge
BREAKING: $50 million raised by Democrats since Biden dropped out
— The Spectator Index (@spectatorindex) July 22, 2024
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