
ActBlue, the Democratic online fundraising platform, has reported a significant surge in small-dollar donations following President Joe Biden's withdrawal from the race and endorsement of Vice President Kamala Harris. In just five hours after Biden's announcement, ActBlue raised an impressive $27.5 million in contributions.
According to sources, prior to Biden's decision to step down, there were concerns among some donors about the potential impact of his candidacy on the upcoming election. Some donors were hesitant to contribute, fearing a Republican victory in November if Biden remained the Democratic nominee. This uncertainty led to a temporary halt in fundraising efforts and events.