Fundraising hauls show RNC vastly outpacing Democrats ahead of midterm elections

South China Morning PostCenter-RightEN 2 min read 100% complete by Associated PressFebruary 2, 2026 at 12:12 AM

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Ahead of the 2026 midterm elections, the Republican National Committee (RNC) significantly outpaced the Democratic National Committee (DNC) in fundraising during 2025. The RNC raised $172 million and held $95 million in cash, while the DNC raised $145 million with $14 million on hand and $17 million in debt. Fundraising for House races was closer, with House Republicans raising $117 million compared to House Democrats' $115 million; both committees started 2026 with roughly $50 million cash on hand. The fundraising disparity highlights a potentially challenging election cycle for Democrats as Republicans aim to maintain control of the House and Senate. House Speaker Mike Johnson expressed optimism about the Republican Party's chances due to their overall fundraising success.

Key Entities & Roles

Key Player Opposition Context

Mike Johnson 40% National Republican Congressional Committee 50% House of Representatives ×250% Federal Election Commission ×260% Republican Party 60% United States 70% Donald Trump 70% Democratic National Committee 80% Republican National Committee ×290%

Keywords

fundraising 100% midterm elections 90% republican national committee 80% democratic national committee 70% campaign finance 60% political fundraising 60% house republicans 50% house democrats 50% election cycle 50% federal election commission 40%