The recent CNN poll has shown Kamala Harris with a slightly better chance of beating Donald Trump if she went head-to-head against him rather than Joe Biden. With this in mind, sources have stated that there is a possibility for Kamala Harris to inherit Joe Biden’s position and take control of the Democrats’ $240 million war chest. This situation seems more plausible due to legal limitations on Biden’s ability to transfer funds directly to another candidate, as he and Harris are the only two individuals named in their campaign’s federal paperwork.
If both Biden and Harris were to step down from the race, it is also possible for the money to be transferred to the Democratic National Committee, or for the candidates to reimburse donors. With a significant amount of funds available, this option could be simplified by placing Kamala Harris at the top of the ticket. This would not only address the financial aspect but also make sense politically, as she is the highest-ranking Democrat and has been endorsed by Biden.
However, there are still many uncertainties surrounding the potential transfer of funds or the new nominee if Joe Biden were to drop out at this stage of the election process. As sitting vice president, Kamala Harris appears to be the natural choice for assuming leadership in such a case, but it remains to be seen how exactly these scenarios would play out, given the lack of precedents for such situations.
