Tara Palmeri: “There were many historic aspects of Kamala Harris’s candidacy: her gender, her race, her midsummer anointment. But perhaps most jaw-dropping was the incredible success of her fundraising machine, which amassed more than $1 billion in donations, an unprecedented sum that was tangible, undeniable proof of her campaign’s momentum and enthusiasm.”

“But within 24 hours of her landslide loss, as anyone who received an election night text from ‘Barack Obama’ probably sussed out, the campaign was in the red. Today, word started to trickle out that the campaign has essentially burned its entire cash reserve, and is still fundraising to cover potential debts, an equally stunning data point for an operation that had as much as $118 million in cash on hand as of October 16.”

“San Francisco Mayor London Breed on Thursday conceded the race to Levi Strauss heir and nonprofit founder Daniel Lurie, who heavily outspent Breed and blamed her for the city’s problems with homelessness and drug overdoses,” Politico reports.

Nate Silver notes the actual election map we got on Tuesday was the map that occurred most often in his election forecast simulations.

“President-elect Donald Trump has tapped his campaign senior adviser Susie Wiles as White House chief of staff,” Politico reports.

“Wiles, who amassed outsized influence as Trump’s de facto campaign manager, will be the first woman to ever hold the title of White House chief of staff. Many have credited the professionalization of the most recent Trump campaign to Wiles’ leadership.”

New York Times: “Most members of Mr. Trump’s extended orbit wanted to see Ms. Wiles in the role. Having a chief of staff in place was seen by some aides as important as the incoming president starts making further personnel choices, including for cabinet posts.”

“President-elect Trump’s victory was driven by gains among young voters that the campaign targeted through a media blitz in the final months leading up to the general election,” Axios reports.

“It’s another lesson in how hyper-targeted communications — identifying what resonates with these audiences, meeting them where they are and engaging with voices they trust — should be a key part of the comms playbook.”

“While Trump and Vice President Harris leveraged a mix of traditional and new media channels to reach young, minority voters, the scale of Trump’s outreach was bigger and broader.”

“Eight years ago, conservative Christians wondered if Donald Trump, who had just been elected president, would truly be their champion. They were weary, and angry, after wandering in the wilderness of the Obama years when liberal values seemed ascendant and they felt powerless,” the New York Times reports.

“Now, as Mr. Trump’s sweeping re-election victory brings them to new heights of power, they believe his return is more than an electoral mandate: they believe it is a divine one.”

“President-elect Trump plans fast action on a business-friendly agenda of tax cuts, deregulation and expanded energy production,” Axios reports.

“Trump plans to load his White House and Cabinet with business- and tech-friendly executives, and stretch the powers of the presidency to force quick changes.”

“Trump advisers believe in retrospect that they wasted early opportunities in his first term, because they were unfamiliar with maximizing government power and restrained by a divided staff. There are several reasons to expect a very different outcome this time.”

Washington Post: For Trump and Republicans in Congress, “everything is in play” on tax cuts.

Ron Filipkowski collected every campaign promise Donald Trump made — and has them on video.

“Even before Donald Trump was re-elected, his best-known backer, Elon Musk, had come to him with a request for his presidential transition,” the New York Times reports.

“He wanted Mr. Trump to hire some employees from Mr. Musk’s rocket company, SpaceX, as top government officials — including at the Defense Department.”

“That request, which would seed SpaceX employees into an agency that is one of its biggest customers, is a sign of the benefits that Mr. Musk may reap after investing more than $100 million in Mr. Trump’s campaign, pushing out a near-constant stream of pro-Trump material on his social media platform, X, and making public appearances on the candidate’s behalf across the hard-fought state of Pennsylvania.”