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Biden campaign raises $26 million in 24 hours after announcing Harris as running mate

Aug. 12, 2020 11:24PM EST
 Dan Ackermann

Joe Biden's campaign announced on Wednesday that it raised $26 million in the 24 hours after revealing Sen. Kamala Harris as his vice presidential pick.

Why it matters: The cash influx signals that Harris has helped the Democratic presidential campaign pick up steam. Nearly 150,000 contributors were first-time donors, according to the campaign statement.

The state of play: The Trump campaign said in a statement it surpassed the billion-dollar threshold with a cycle haul of $1.1 billion to date.

  • The Biden campaign, the Democratic National Committee and their joint fundraising committees, announced they raised $140 million in July, with $294 million on hand — a $50 million increase over the past month.
  • Yes, but: Biden out-raised Trump in May and June.

Go deeper: Joe Biden has "best grassroots fundraising day ever" after announcing Kamala Harris as VP pick

Philly official warns of "electoral chaos" in Pennsylvania due to "naked" mail-in ballots

Pennsylvania's Supreme Court ordered state officials last week to throw out mail-in ballots submitted without a required inner "secrecy" envelope in November's election, the Philadelphia Inquirer reports.

The state of play: The decision went under the radar alongside the simultaneous decision to extend the time that mail-in ballots could be counted, but Philadelphia's top elections official warned state legislators this week that throwing out so-called "naked ballots" could bring "electoral chaos" to the state and cause "tens of thousands of votes" to be thrown out — potentially tipping the presidential election.

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Commission releases topics for first presidential debate

Fox News anchor Chris Wallace has selected what topics he'll cover while moderating the first presidential debate between President Trump and former Vice President Joe Biden next week.

What to watch: Topics for the Sept. 29 debate will include Trump and Biden's records, the Supreme Court, COVID-19, economic policy, racism and the integrity of the election, the Commission for Presidential Debates announced on Tuesday. Each topic will receive 15 minutes of conversation and will be presented in no particular order.

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"A long way to go": Fed chair warns economy will feel the weight of expired stimulus

Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday that the expiration of Congress' coronavirus stimulus will weigh on the U.S. economy.

Why it matters: Powell warned that the effects of dried-up benefits are a looming risk to the economy, even if the consequences aren't yet visible.

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Beijing draws Chinese companies even closer

Chinese Communist Party Secretary Xi Jinping announced last week that the party must strengthen its leadership over private companies, and that entrepreneurs must meet the party's needs. 

Why it matters: Xi's new announcement will increase fears that Chinese businesses may serve as a Trojan horse for the CCP.

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Trump to meet with Supreme Court candidate Barbara Lagoa in Florida on Friday

President Trump has arranged to meet with shortlisted Supreme Court candidate Barbara Lagoa during a campaign visit to Florida on Friday, according to two sources familiar with his plans.

What we're hearing: Sources who know both Trump and Lagoa say they still expect the president to pick Judge Amy Coney Barrett, but they view the Lagoa meeting as a wild card because they say she has a charismatic personality that would appeal to Trump.

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The U.S. now has more then 200,000 coronavirus deaths

Data: The Center for Systems Science and Engineering at Johns Hopkins; Chart: Axios Visuals

The coronavirus has now killed 200,000 Americans, according to Johns Hopkins data.

The big picture: Whatever contextyou try to put this in, it is a catastrophe of historic proportions — and is yet another reminder of America's horrific failure to contain the virus.

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In UN address, Trump says China "unleashed this plague onto the world"

President Trump used a virtual address to the UN General Assembly on Tuesday to defend his response to the coronavirus and call on other countries to “hold accountable the nation which unleashed this plague onto the world: China.”

Setting the scene: Trump ticked through four years of major decisions and accomplishments in what could be his last address to the UN. But first, he launched into a fierce attack on China as Beijing’s representative looked on in the assembly hall.

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