US Vice President Kamala Harris has raised over $1 billion in fundraising since being named the Democratic Party’s presidential nominee in July, according to reports from US media.
While the Harris campaign has not yet disclosed the exact total, multiple sources familiar with the data—cited by The New York Times and NBC News—confirmed she has surpassed the $1 billion milestone.
This includes contributions to both her campaign and related Democratic Party committees.
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This significant influx of funds gives Harris a major financial advantage over her Republican rival, former President Donald Trump, as the race remains tightly contested.
In August, Trump and the Republican Party raised $130 million, ending the month with $295 million in available cash, compared to Harris and the Democrats’ $404 million.
Harris is also expected to outpace Trump’s September fundraising haul of $160 million, having already raised $72 million from three end-of-month events, according to The New York Times.
However, Republicans are closing the gap through super political action committees (PACs), which can raise unlimited sums for candidates without direct coordination with their campaigns.
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So far in the 2024 election cycle, the largest super PAC supporting Trump has outspent its counterpart backing Harris by tens of millions of dollars, as noted by OpenSecrets, a nonprofit specializing in campaign finance.
With her substantial war chest, Harris is likely to ramp up advertising and ground operations in key battleground states in the lead-up to the November 5 election, which remains highly competitive according to recent polling.
Though Harris holds a slight national lead, most of the seven crucial swing states that could determine the outcome are too close to call. A new InsiderAdvantage poll for Pennsylvania, a pivotal state, shows Trump ahead by two points.
Harris has had to quickly build her campaign infrastructure and court donors after stepping in as the Democratic nominee, replacing 81-year-old President Joe Biden in July.