TL/DR –
The fundraising reports for the 2026 midterm elections highlight the financial situation of candidates preparing for competitive races. Republicans are defending a slim majority in the House and a majority in the Senate, but have struggled with fundraising compared to their Democratic counterparts. Some key takeaways from the reports include the financial challenges faced by Senators John Cornyn and Joni Ernst, the fundraising prowess of Senators Jon Ossoff and Susan Collins, and the intense race in states like Louisiana, Kentucky, and Illinois.
New Fundraising reports revealed insights into the Congress control battle in the 2026 midterms. Some lawmakers revealed strength while others showed warning signs for their challenging races.
The GOP is defending their slim House majority in next year’s elections. However, they have struggled to match Democratic fundraising in recent cycles.
The reports highlighted candidates preparing for competitive races and those who may be lagging. The filings with the Federal Election Commission cover fundraising from April to June.
Cornyn and Ernst Stay in the Spotlight
Sen. John Cornyn, R-Texas, faces questions about whether he can overcome a challenge by state GOP Attorney General Ken Paxton. Despite significant fundraising, there are still concerns about his competitiveness. Read more about his challenge here.
Sen. Joni Ernst, R-Iowa, raised $722,000 last quarter — lower than any quarter during her 2020 bid, sparking speculation about her political future.
Most Vulnerable Senate Incumbents Amass War Chests
Sen. Jon Ossoff, D-Ga, continues strong fundraising despite being in a state Trump won in 2024. Similarly, Sen. Susan Collins, R-Maine, defending a state won by Kamala Harris, posted a strong fundraising haul.
Battleground Senate Primaries Take Shape
Fundraising reports reveal contests in key Senate battlegrounds. For example, in Michigan, following the non-re-election decision by Sen. Gary Peters, D-Michigan, a contested Democratic primary is emerging.
Millions Pour into Safe-Seat Primaries
Senate primaries in states with strong support for one party are of high importance. In Louisiana, Republican Sen. Bill Cassidy’s is facing a tough challenge from his own party. Read about Cassidy’s tough race here.
House Lawmakers Prepare for Fights Ahead
As Democrats aim to gain control of the House, lawmakers from both parties are ramping up their campaign funding. Of the “toss-ups” or “leaning” races identified by the Cook Political Report, eight House members raised over $1 million this quarter.
—
Read More US Political News