RNC Transfers $50 Million to House and Senate Committees as Midterm Pressure Mounts
Updated
Updated · The New York Times · Oct 20
RNC Transfers $50 Million to House and Senate Committees as Midterm Pressure Mounts
3 articles · Updated · The New York Times · Oct 20
Summary
$50 million-plus is being shifted by the Republican National Committee to its House and Senate campaign arms, with more than $44 million already moved since mid-August and at least $6 million more due by Election Day.
The transfer follows a recent Supreme Court decision and gives Republicans a major financial boost that the cash-strapped Democratic National Committee cannot match.
Roughly half the money is going to the NRCC and half to the NRSC, even as Republicans defend seats and districts once seen as safely red because of President Donald Trump's weak approval ratings.
The RNC built the war chest through aggressive fundraising led by Trump and Vice President JD Vance, raising $18.5 million in September; its cash on hand fell from $126 million entering September to $76 million by Oct. 14.
The move is unusually large: in the previous four election cycles, the RNC transferred between $8 million and about $31 million to the two committees.