Kamala Harris Secures Majority Backing For 2024 Democratic Nomination: AP Survey

Vice President Kamala Harris has secured the backing of a majority of the Democratic delegates required to become the party’s nominee for the 2024 presidential election, following President Joe Biden‘s decision to withdraw his re-election bid.

What Happened: Harris has garnered the necessary support from Democratic delegates to become the party’s nominee for the 2024 presidential election, according to an Associated Press survey, as reported by AP News.

Key Democratic figures, including elected officials, party leaders, and political organizations, have thrown their weight behind Harris. This support has translated into a record-breaking 24-hour fundraising haul for her campaign.

See Also: Biden’s Exit From Presidential Race Sparks Massive Reactions From First Lady, Gavin Newsom, Marjorie Taylor Greene And More

State delegations, such as those from Texas and California, have also formally endorsed Harris. As of Monday night, Harris secured the backing of more than the 1,976 delegates required to win on the first ballot, according to the AP tally. No other candidate has been named by any delegate contacted by the AP.

Despite this, the AP has refrained from referring to Harris as the new presumptive nominee. That’s because convention delegates are still free to vote for their preferred candidate at the convention in August or during a potential virtual roll call before the gathering in Chicago.

Why It Matters: Harris’ consolidation of Democratic support is indicative of her strong position as the potential nominee. This follows a series of high-profile endorsements from key Democratic leaders, including Rep. Nancy Pelosi (D-Calif.), who may have played a role in convincing Biden to withdraw his re-election bid.

The news of Harris’ potential nomination has the potential to impact the stock market, particularly in sectors that could be influenced by her policies if she were to win the election.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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