Connect with us

Hi, what are you looking for?

Investing

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.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    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

    Investing

    The Senate is expected to send a temporary spending package known as a Continuing Resolution (CR) to the White House, averting a government shutdown before...

    Economy

    In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...

    Investing

    Sen. Tommy Tuberville’s, R-Ala., colleagues pleaded on the Senate floor early Thursday morning – from midnight until nearly 4 a.m. – to drop his objection to...

    Latest News

    A bipartisan ethics report concludes there is “substantial evidence” that George Santos violated federal criminal laws, which will almost certainly trigger another attempt to...