Major Democratic donors are already flocking to Kamala Harris, and they say the main reason is straightforward: She’s not Joe Biden.
Her presidential campaign raised more than $200 million in its first week, and the Democratic super PAC Future Forward said it had received $150 million in commitments after Biden bowed out. The wave of big-dollar donors, which is defying predictions that the vice president would not be able to appeal to the party’s fundraising class, has been particularly noticeable because of some donors’ previous aversion to giving to a president they saw as a doomed candidate.
Donors told POLITICO that with Harris assuming Biden’s spot at the top of the ticket, they are now more willing to support a Democratic presidential candidate again. Some were also motivated by their desire to beat GOP nominee Donald Trump.
“I’ve talked to more people who have been just in a general sense more reserved about President Biden, who are now very enthusiastic,” said Mozelle Thompson, a former Federal Trade Commission commissioner and Democratic donor. “The enthusiasm gap, the excitement gap, has been erased.
See full article here.