Harris’ main fundraising group raised four times as much as Trump in July

USA-ELECTION/FUNDRAISING (UPDATE 1):UPDATE 1-Harris' main fundraising group raised four times as much as Trump in July

Reuters
Published22 Aug 2024, 02:49 AM IST
Harris' main fundraising group raised four times as much as Trump in July
Harris’ main fundraising group raised four times as much as Trump in July

By Jason Lange

WASHINGTON, -

Kamala Harris' main campaign fundraising group raised four times as much money in July as that raised by Donald Trump's campaign, according to federal disclosures filed late on Tuesday, a sign of enthusiasm ahead of the Nov. 5 presidential election.

Democratic Vice President Harris' campaign told the Federal Election Commission it raised $204 million last month, compared to $48 million reported to the body by Republican former President Trump's main fundraising group.

Harris' figures include money raised during the month before she launched her candidacy on July 21, when President Joe Biden folded his flagging re-election effort. Biden endorsed Harris, who took over control of Biden's fundraising group. The records show the group raised more than $60 million in the first three days of Harris' candidacy.

Harris also outspent Trump during the month, $81 million to $24 million, according to their FEC reports.

The Harris campaign had previously announced that the campaign and the Democratic Party's main fundraising group had raised a combined $310 million in July, while the Trump campaign had similarly said that it and the Republican Party had raised a combined $138 million.

While the candidates and their parties work together, the sums raised by the campaign are important because the campaigns are by law given steep discounts on television ads, while the parties and other allied groups must pay full price.

Trump's re-election effort also received a massive contribution last month from conservative billionaire Timothy Mellon, who gave the pro-Trump super PAC known as MAGA Inc another $50 million. Mellon, an heir of the Pittsburgh-based Mellon banking family, has given MAGA Inc at least $115 million this year. The super PAC is one of the biggest spenders in the election, and reported spending more than $43 million in July to help Trump's election effort.

Big contributions also flowed into a top super PAC backing Harris known as Future Forward PAC, including $5 million donated by Marc Stad, an investor in Silicon Valley firms, after Harris launched her campaign.

This article was generated from an automated news agency feed without modifications to text.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:22 Aug 2024, 02:49 AM IST
Business NewsNewsWorldHarris’ main fundraising group raised four times as much as Trump in July

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts