Kamala Harris shatters fundraising records, leaves Trump trailing

The amounts raised by the election campaigns of Donald Trump and Kamala Harris in the month when Biden decided to drop out of the race and endorse Harris are being revealed. Democrats can celebrate. Their candidate raised a record sum in just a week, leaving Trump far behind.

Fewer than 100 days remain until Election Day in the United States. The election campaign is in full swing, and it is a historic one.

Just a day after Joe Biden withdrew from the race for the White House, it was clear that Kamala Harris was heading for a record in terms of fundraising for her campaign. On 22 July, the media reported that donations to Harris exceeded £41 million. Shortly after, it was revealed that she managed to raise £67 million in just 24 hours, and the tally was still climbing.

On Monday, 29 July, it was announced that in seven days, Democrats gathered £165 million for the campaign. It was emphasised that this was a huge, record-breaking collection and a historic achievement - still unofficial but certain - by the Democratic Party's presidential candidate.

Harris's campaign team reported that the majority of the amount - as much as 66 per cent - was contributed by individuals who, for the first time in this election cycle, decided to support a presidential candidate. They did so after Joe Biden announced that he was stepping down, passing the baton to Kamala Harris.

American media also noted that over 170,000 volunteers joined the Democratic Party's campaign. These volunteers will encourage American citizens to vote for the current Vice President through various methods, such as phone calls and in-person meetings.

In June, when Joe Biden was still fighting for re-election, Americans contributed £104 million to his campaign. In that month, the Democrats' account had a total of £197 million.

Donald Trump also has reasons to be satisfied. As reported by "The New York Times," in July, the Republican candidate raised as much as £114 million.

It is a huge sum but significantly smaller than the £165 million the Harris campaign gathered after voters welcomed her candidacy with great enthusiasm, the American daily emphasises.

It adds that the Republican campaign account has a total of £268 million.

"It makes July one of the Trump team’s strongest fund-raising months to date, just off the sum raised in May, when Mr. Trump’s supporters responded to his felony conviction with an outpouring of donations totalling $141 million (£115 million)," recalls "The New York Times".

Let us remind: at the end of May, Donald Trump was found guilty in a case involving the hush money payment to adult actress Stormy Daniels.