On with Kara Swisher cover image

On with Kara Swisher

Who’s Behind the Harris Campaign Donation Tsunami?

Jul 25, 2024
Emily Glazer, a Wall Street Journal reporter covering business and politics, and Teddy Schleifer, a New York Times campaign finance reporter, dive into Kamala Harris’s historic fundraising success, raising $126 million in just over 48 hours. They explore her connections with Silicon Valley tech leaders and Hollywood celebrities that boosted donations after Biden's withdrawal. The discussion also touches on the remaining funds from the Biden campaign and the implications of a Trump campaign complaint. It’s a fascinating look at the power of money in politics!
56:01

Podcast summary created with Snipd AI

Quick takeaways

  • Vice President Kamala Harris leveraged longstanding ties with Silicon Valley and Hollywood for massive fundraising success.
  • Elon Musk's political funding and alignment with Trump spark controversy and legal discussions on campaign finance regulations.

Deep dives

The Race for Campaign Donations

After President Biden's departure from the race and endorsement of Vice President Kamala Harris, a significant focus has shifted to the money talk in politics. Harris raised $81 million within the first 24 hours of her campaign launch, with a massive influx of donations from both small and big donors, particularly from Silicon Valley and Hollywood. The fundraising success has stirred discussions and speculations about the financial impact on the political landscape and the implications for Trump's funding. JD Vance's emergence in political fundraising, Tesla's Elon Musk's political alignment shifts, and the evolving dynamics in fundraising patterns are central to the financial narrative shaping the upcoming elections.

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