Democrats donate over $50 mn online after Biden exits presidential race

The huge amount is based on a New York Times analysis of the online ticker of contributions maintained by ActBlue, the leading site processing Democratic donations

Joe Biden, Biden, Joe, Kamala Harris, Kamala, Harris
“This might be the greatest fundraising moment in Democratic Party history,” wrote Kenneth Pennington, a Democratic digital strategist, on X. (Photo: PTI)
NYT
2 min read Last Updated : Jul 22 2024 | 10:55 PM IST
Shane Goldmacher

Democrats greeted US President Biden’s departure from the presidential race with an avalanche of cash, donating more than $50 million online on Sunday and making it the single biggest day for online Democratic contributions since the 2020 election — with hours to go.

The huge amount is based on a New York Times analysis of the online ticker of contributions maintained by ActBlue, the leading site processing Democratic donations.

With Biden gone and Vice-President Kamala Harris building momentum to claim the nomination, Democrats went online to contribute at a startling pace. Donations spiked from an average of less than $200,000 per hour in the hours before Biden quit to nearly $11.5 million in a single hour later on Sunday.

As of 10 pm, Sunday was ActBlue’s third biggest day for online donations in its history.

The ActBlue ticker accounts for all donations made on the platform, not just those made to Biden or Harris. It includes contributions made to nearly every Democratic House and Senate candidate and to an array of politically minded nonprofits.

“This might be the greatest fundraising moment in Democratic Party history,” wrote Kenneth Pennington, a Democratic digital strategist, on X.

The previous single biggest day for donations on ActBlue came the day after Justice Ruth Bader Ginsburg passed away in September 2020. ActBlue processed roughly $73.5 million that day. It is one of only two days the platform ever surpassed $50 million in donations before Sunday.

 ©2024 The New York Times News Service
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Joe BidenUnited StatesUS Democratic Party Convention

First Published: Jul 22 2024 | 10:55 PM IST

Next Story