Kamala Harris sees surge in big money support after Biden drops out of race

Vice President Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race, with the help of bundlers who have assisted her in past races, according to people familiar with the matter.

Moments after Biden announced he would drop out of the race for president and endorsed Harris, major donors who helped raise money during her failed 2020 Democratic primary fight and successful 2016 Senate campaign immediately mobilized and began outreach to wealthy contributors, according to these people, who spoke to CNBC did so on the condition of anonymity in order to speak freely.