Washington, D.C. – The Republican National Committee reported raising $14.8 million in May and ending the month with $125.5 million on hand, giving the party a large financial reserve ahead of the November midterms.
The Washington Examiner reported that the total is the RNC’s highest month-ending cash-on-hand figure on record. The committee also reported record monthly cash totals in March and April, ending those months with $116.8 million and $123.9 million, respectively.
RNC Chairman Joe Gruters said the party has “the candidates and resources needed to win the midterms,” while adding that Republicans still need to invest through Election Day. The RNC has credited Vice President JD Vance, who serves as finance chairman, with expanding its high-dollar donor network.
The fundraising gap could matter in competitive Senate and House races, though some Democratic candidates in states such as Georgia, North Carolina, and Ohio have built large campaign accounts of their own.
A pending Supreme Court case, National Republican Senatorial Committee v. Federal Election Commission, could also affect how party committees spend money. The case challenges federal limits on coordinated spending between parties and candidates. A ruling against the limits could let committees direct more funds toward candidates in key races.
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