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Biden Campaign Raises $26 Million In 24 Hours After Kamala Harris Announcement

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Presumptive democratic presidential nominee Joseph R. Biden Jr. selected Senator Kamala Harris of California as his vice-presidential running mate. He made the announcement on August 11.

In the 24 hours following Biden's pick, the Biden-Harris campaign raised a whopping $26 million. In that time period, 150,000 people became first-time donors to the campaign.

However, in July, the Trump campaign did raise more than the Biden campaign -- $165 million to Biden's $140 million. But the Biden campaign ended July with nearly as much money as the Trump campaign, with a less than $6 million difference in total purse sizes.

Tuesday's historic nomination makes 55-year-old Harris the first Black person in history to be nominated for vice president of a major political party, as well as the first Asian American to be nominated. Biden's vice-presidential pick also makes Harris the fourth woman to be nominated for the position.

Harris began her career fighting for working families in California as a prosecutor, later becoming San Francisco's District Attorney and eventually being elected California Attorney General. She was elected to the U.S. Senate in 2016, where she serves, currently.

"Back when Kamala was Attorney General, she worked closely with Beau. I watched as they took on the big banks, lifted up working people, and protected women and kids from abuse. I was proud then, and I'm proud now to have her as my partner in this campaign," said Biden.

What does Kamala Harris mean for investors? TheStreet's Jim Cramer says a Harris vice presidency makes UnitedHealth  (UNH) - Get UnitedHealth Group Incorporated Report a buy. 

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