Kamala Harris disqualified ‘forever’ over Democratic overspending: Donor

  • Harris-Walz campaign reportedly blew through more than $1 billion
  • Staffers say the campaign is $20 million in debt
  • Megadonor John Morgan: This will 'follow Harris for the rest of her career'

Not sure how to find NewsNation on your TV? Find your channel here.  Get 24/7 fact-based unbiased news coverage with the NewsNation app.

You can watch the full interview with John Morgan here.

(NewsNation) — Kamala Harris and Tim Walz are set to address their National Finance Committee next week amid reports that the campaign is $20 million in debt after a lavish spending spree.

Political megadonor John Morgan tells “CUOMO” on Monday that those who poured money into the Harris-Walz campaign were trying to defeat Trump, not elect Harris — and her campaign’s spending is cause for serious concern.

Kamala Harris shouldn’t run again over campaign spending: John Morgan

“All of a sudden, everybody’s got the keys to the candy store, ad buyers, talent consultants. There’s 100 days to do it, and the money started pouring in,” Morgan said, adding that “ego” and a “crazy” desire to obtain commissions on placed ads drove much of the spending.

It included $15 million for “event production,” $4 million in private jets and an additional $1 million to Oprah’s company, among other pricy purchases.

When asked if Morgan believes someone possibly stole the money, he said, “Maybe legally.”

  • FILE – Vice President Kamala Harris, the Democratic presidential nominee, speaks at the 2024 Democratic National Convention, Aug. 22, 2024 in Chicago. (AP Photo/Paul Sancya, File)
  • Vice President Kamala Harris delivers a concession speech after the 2024 presidential election, Wednesday, Nov. 6, 2024, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin)
  • Kamala Harris, campaigns with former President Barack Obama on October 24, 2024.
  • Kamala Harris at a rally in Wisconsin.

He added that the reported $1.5 billion spent in four months is proof that Harris shouldn’t run again.

“I think this disqualifies her forever,” Morgan said. “If you can’t run a campaign, you can’t run America.”

“The same thing is going to follow Harris for the rest of her career. She cannot be trusted with the money, and the donors are going to be, like, ‘Where is this money?'” he added.

DNC staffers resign

Lindy Li, a member of the DNC finance committee, told NewsNation’s Rich McHugh the internal strife and monetary confusion at the center of the party have led some staffers to leave altogether.

The money, Harris’ campaign says, is not an issue.

“As of Election Day, there were no outstanding debts or bills overdue and there will be no debt on either the DNC or HFP report for post general report,” Patrick Stauffer, Harris campaign’s chief financial officer, told The Hill.

Morgan told NewsNation’s Chris Cuomo in July that he wouldn’t fundraise for Harris after her entrance to the presidential race, calling himself a “Joe Biden-Democrat” and identifying as an independent.

Politics

Copyright 2025 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Trending on NewsNation