Sen. Kamala Harris' abrupt departure from the 2020 presidential race underscores how much the financial landscape has shifted for Democratic presidential contenders
Washington Sen. Kamala Harris' abrupt departure Tuesday from the 2020 presidential race underscores how much the financial landscape has shifted for Democratic presidential contenders -- richly rewarding the candidates who can appeal to small-dollar donors and hobbling some of those competing for the favor of the wealthy contributors who have traditionally fueled campaigns.
The two fundraising leaders among Democrats -- Sens. Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts -- each outraised Harris by more than 2-to-1 during the most recent fundraising quarter while relying on small contributions for roughly 60% of their individual contributions. "My campaign for president simply doesn't have the financial resources we need to continue," Harris said in an email to supporters announcing her departure."I'm not a billionaire.
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