CNN —
Vice President Kamala Harris’ political operation ended the campaign with a significant financial advantage over former President Donald Trump’s connections, according to a campaign report reported on Sunday night’s show. It’s been a full month.
The Democrat has amassed $346 million in the coffers of the national Democratic Party and committees he controls since October, according to a report filed with the Federal Election Commission, which shows that his Republican rival has amassed $346 million in the coffers of the committee he controls in the national Democratic Party since October. That’s more than the roughly $285 million available for the spurt. September.
Since Harris entered the White House race in late July, she has consistently criticized Trump and quickly raised $1 billion in support for her candidacy, more than any previous presidential candidate. It’s the pace. Last month, his main campaign committee outnumbered Trump by more than 3 to 1, according to new filings.
But Harris’ campaign aides were cautious, citing the curtailed opportunity for Harris to introduce herself to voters and the amount of money Trump’s billionaire allies have poured into the campaign. Given this growth, he said they must continue to raise funds quickly to remain competitive.
Last weekend, Harris’ running mate, Minnesota Gov. Tim Walz, raised money at events in Boston and Greenwich, Conn., and asked supporters to make small online donations in honor of Harris’ 60th birthday on Sunday. called out.
Harris’ campaign touted small donations, saying nearly two-thirds of the money raised in September came from grassroots donors. Campaign aides say the base of regular donors has grown to 607,000 people, an increase from the number at the end of June, when President Joe Biden was still leading Democratic candidates. It has almost doubled.
Despite raising so much money, Harris spends a lot of money. His main campaign committee reported last month that it received a total of about $222 million, compared to about $63 million for Trump, but spent much more, about $270 million. It became a dollar. This is a huge advantage on air, as data from ad tracking company AdImpact shows. The Harris campaign outspent the Trump campaign on advertising in September by about $196 million to $73 million.
A super PAC supporting Mr. Trump’s candidacy received an even larger donation last month from one of Mr. Trump’s biggest supporters, according to filings. Timothy Mellon, the reclusive billionaire and banking heir, has donated $25 million to Make America Great Again, the largest in total donations to pro-Trump groups this election cycle. It grossed an astonishing $150 million.
Mr. Mellon’s September contribution accounted for more than 60% of the money the super PAC received last month.
Mellon also poured millions of dollars into a super PAC that once supported Robert F. Kennedy Jr.’s independent bid for the White House, making him the single largest donor revealed in the 2024 election cycle. surfaced.
New filings Sunday night also show that some of the Democratic Party’s wealthiest supporters and other prominent figures are rallying behind Harris’ campaign.
FF PAC, the leading super PAC supporting Harris, raised more than $104 million in September, while spending more than $118 million to flood the battleground airwaves with pro-Harris ads. reported.
The group raised seven-figure donations last month from a variety of wealthy donors, including $10 million from Facebook co-founder Dustin Moskowitz. Christian Larsen, co-founder of cryptocurrency company Ripple Labs, donated nearly $9.9 million. In August, Larsen donated $1 million in his company’s digital currency, XRP, to a super PAC, according to FEC records.
Billionaire Democratic Illinois Gov. JB Pritzker has donated $5 million to FF PAC, and billionaire investor Stephen Mandel and his wife Susan have also contributed a combined $5 million.
Other notable donations to the group came from James Murdoch and his wife Kathryn, who donated a combined $1 million in September. Murdoch is the second son of media mogul Rupert Murdoch, who owns conservative news channel Fox News through his conglomerate News Corp. FEC records show James and Kathryn Murdoch previously donated a combined $1 million to the super PAC in June.
CNN’s Alex Leeds Matthews contributed to this report.
