Republicans are heading into the 2026 midterm elections with a significant financial edge, and party leaders say President Trump’s leadership is helping drive the momentum.
The National Republican Senatorial Committee (NRSC) announced Friday that it raised $88 million in 2025, making it the committee’s strongest off-year fundraising performance since 2021. The organization now holds nearly $20 million cash on hand as Republicans prepare to defend their Senate majority later this year.
NRSC Chairman Sen. Tim Scott said the fundraising success reflects growing support for President Trump’s agenda and renewed confidence among Republican voters and donors.
“We’re raising record levels of support, building a strong national operation, and delivering on President Trump’s priorities,” Scott said. “That off-year foundation will play a critical role in winning this November.”
According to federal election filings, the NRSC began 2025 with roughly $3 million in available funds. Over the course of the year, the committee paid off more than $26 million in outstanding debt remaining from its successful 2024 campaign to reclaim control of the Senate. Even after eliminating those obligations, Republicans ended the year with substantial resources in reserve.
Sources familiar with the figures say the NRSC’s 2025 total exceeded its 2023 off-year fundraising by approximately $10 million, highlighting growing financial momentum for Senate Republicans.
Republicans currently hold a 53–47 majority in the U.S. Senate. While Democrats have expressed optimism about flipping the chamber, recent fundraising numbers suggest the GOP is entering the election cycle in a stronger position.
By comparison, Democrats’ Senate campaign arm ended November with just under $19 million cash on hand. On the House side, Democrats reported $46 million available, narrowly ahead of the Republican House committee’s $45 million.
At the national level, filings show the Republican National Committee held nearly $90 million cash on hand in November. Meanwhile, the Democratic National Committee reported significantly lower reserves, finishing the month with about $12 million.
With President Trump back in the White House and Republican fundraising strength widening across multiple committees, GOP leaders believe they are well-positioned to defend their Senate majority and compete aggressively in key races nationwide.
