Photo: Ethan Miller/Getty Images

The online fundraising platform ActBlue raised $100 million in August for Democratic candidates, marking their biggest fundraising month since they launched in 2004.

Why it matters: Liberal activists and donors are showing no signs of slowing down before the 2018 midterm elections.

The backdrop: Over 2.2 million contributions, including 7,350 campaigns and organizations, all led to this month's $100 million raised.

  • "Were seeing that energy across the board, and [donors] are only ramping up for what's to come," said Erin Hill, ActBlue's executive director.
  • The group raised $91 million in June and $83 million in July.
  • They previously announced raising a total of $1 billion this cycle for Democratic candidates.
  • 61% of donors this cycle are women, Hill told Axios, up from 54% in 2016.

Some of the candidates who benefit most from ActBlue's platform include Beto O'Rourke running for U.S. Senate in Texas, as well as Democratic gubernatorial candidates Stacey Abrams in Georgia, Andrew Gillum in Florida, Tony Evers in Wisconsin, Rich Cordray in Ohio, and Gretchen Whitmer in Michigan. 

Go deeper: Most campaign contributions come from outside candidates' districts.

Go deeper

Updated 4 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: The pandemic is getting worse again New York reports most cases since MayMany U.S. coronavirus deaths were avoidable.
  4. Education: Boston and Chicago send students back home for online learning.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the second.

Biden says he will appoint commission on Supreme Court reform

Photo: Chip Somodevilla/Getty Images

Joe Biden told CBS' "60 Minutes" this week that if elected, he would put together a bipartisan commission to study the federal court system and make recommendations for reform.

Why it matters: Biden has come under pressure to clarify his position on court packing after some Democrats suggested expanding the court if Senate Republicans confirm President Trump's Supreme Court nominee Amy Coney Barrett.

Dion Rabouin, author of Markets
35 mins ago - Economy & Business

Wall Street still prefers bonds

Illustration: Aïda Amer/Axios. Photo: Sunset Boulevard/Getty Contributor

Investors' return on U.S. corporate bonds has been falling since its August peak, but buying has only accelerated, especially in investment grade bonds that are offering historically low yields.

The state of play: Since hitting its 2020 high on Aug. 4, the benchmark Bloomberg Barclays U.S. bond aggregate has delivered a -2.2% return. (For comparison, the S&P 500 has gained 3.9% during the same time period.)

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