Somebody's Gotta Win with Tara Palmeri
Kamala’s Donor Dance With CNBC’s Brian Schwartz
Jul 23, 2024
CNBC's Brian Schwartz joins Tara to discuss Kamala Harris's fundraising success, Team Trump's response, tech community support, potential running mates, and the dynamics of political finance in the upcoming election.
31:59
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Quick takeaways
- Financial support crucial in securing political nominations with Kamala Harris raising $100 million within 48 hours.
- Donor concerns about Kamala Harris initially shifting as fundraising success demonstrates candidate support shift.
Deep dives
Fundraising Strategies and Influences on Candidate Selection
Money played a significant role in shaping the Democratic ticket, with Kamala Harris raising $100 million within 48 hours, underscoring the importance of financial support in securing political nominations. Donors exerted pressure on Joe Biden, leading to his decision to step down and endorse Harris. Despite initial hesitancy about Harris's candidacy within some donor circles, the fundraising success demonstrated a shift in support, highlighting the critical influence of financial backing on candidate selection.
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