Connect with us

Hi, what are you looking for?

Economy

Record breaking haul for Senate Republican campaign committee as it aims to expand majority

The Senate Republican campaign committee is touting that it is off to a strong fundraising start as it aims to defend and expand its majority in the chamber in the 2026 midterm elections.

The National Republican Senatorial Committee (NRSC) announced on Monday that it raked in a record $8.5 million in January, which the committee says is its best ever off-year January haul.

‘To deliver on the promises President Trump made to the American people, we must protect and grow our Republican Senate Majority,’ South Carolina Sen. Tim Scott, the new NRSC chair, said in a statement.

Scott teased that ‘the NRSC’s record-breaking January is just the beginning. We will work tirelessly to ensure Republicans have the resources and operations needed to win in battleground states across the Senate map.’

However, in a memo sent to Senate Republican chiefs of staff, NRSC Executive Director Jennifer DeCasper noted that the committee will ‘enter this cycle with nearly $24 million in debt and unpaid bills from last cycle and limited cash on hand.’

The NRSC ended 2024 with $2.7 million in its coffers.

The rival Democratic Senatorial Campaign Committee has yet to announce its January fundraising.

Republicans won control of the Senate in November’s elections by flipping an open seat in West Virginia, and ousting Democratic incumbents in Montana, Ohio and Pennsylvania. The GOP currently holds a 53-47 majority in the Senate.

Senate Republicans enjoyed a very favorable map in the 2024 cycle as they won back control of the majority. An early read of the 2026 map shows they will continue to play offense in some states, but will be forced to play defense in others.

The GOP will target an open Democrat-held seat in battleground Michigan, where Sen. Gary Peters announced last week that he would not seek re-election in 2026. They will also target first-term Sen. Jon Ossoff in battleground Georgia and longtime Sen. Jeanne Shaheen in swing state New Hampshire.

However, Democrats plan to go on offense in blue-leaning Maine, where GOP Sen. Susan Collins is up for re-election, as well as in battleground North Carolina, where Republican Sen. Thom Tillis is also up in 2026.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    The presidents of Spain’s regional soccer federations are calling for the resignation of Luis Rubiales, the suspended president of the National Football Association, in...

    Latest News

    Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss...

    Editor's Pick

    When searching for world-class gold deposits, mining companies prefer high-grade, near-surface mineralization. Epithermal gold deposits check these boxes and more. While gold is often...

    Editor's Pick

    Overview A lot can change in two years — just look at Brazil. Best described as a bit player in the lithium space only...