Harris raises $200 million in first week of campaign

• Former President Trump and the Republican National Committee had been catching up to Biden and the Democratic National Committee in fundraising before Biden's extraordinary decision to drop out.
• Harris' fundraising haul will give her campaign a major financial boost as she seeks to officially lock up the party's nomination and win the White House in November.

Driving the news: More than 170,000 new volunteers have joined the Harris campaign in the week since Biden dropped out and endorsed her as the nominee, per the campaign.

• "The momentum and energy for Vice President Harris is real — and so are the fundamentals of this race: this election will be very close and decided by a small number of voters in just a few states," Michael Tyler, the campaign's communications director, wrote in the campaign memo.

State of play: The Democratic Party quickly coalesced around Harris in the aftermath of Biden's decision to step aside as the nominee.

• She won the support of major party leaders, and donors, and the majority of delegates have pledged their support to her as the nominee.

Go deeper: Exclusive poll: Harris opens up early edge with young voters