DNC Runs $2.2 Million in the Red as $100,000-Plus Donors Withhold Cash
Updated
Updated · The Washington Post · Jul 28
DNC Runs $2.2 Million in the Red as $100,000-Plus Donors Withhold Cash
3 articles · Updated · The Washington Post · Jul 28
Summary
$16.3 million in cash against $18.5 million in debt left the DNC $2.2 million underwater at the end of June, deepening scrutiny of Chair Ken Martin’s fundraising.
Six donors gave at least $100,000 in June to the DNC or its Grassroots Victory Fund; 35 have done so in the first half of 2026, versus 154 for the RNC alone.
DNC allies say the committee is still ahead of its 2018 pace and is spending on state-party infrastructure, but critics say promised donor rebounds after Democratic wins and the approaching midterms have not materialized.
Martin still has backing from leaders including Hakeem Jeffries, and multiple DNC members said no effort is underway to remove him before the midterms despite the committee’s recent $15 million headquarters-backed loan.
The financial strain could matter more after November, when Democrats shift toward the 2028 presidential nominating cycle and donor confidence in the national party becomes harder to defer.