RNC outpaced the DNC in 2025, raising roughly $172 million with $95 million cash on hand, while the DNC raised about $145 million with $14 million cash on hand.

Democratic spokespeople frame the race as Republicans being “running scared,” arguing Democrats have stronger candidates and messaging to regain the House.

Sources note collaboration with Trump and Finance Chair JD Vance to build a strong Republican war chest for the midterms, backed by robust resources for the America First agenda.

Overall, Republicans appear to have a favorable fundraising trajectory before the midterms, though the data reflects 2025 activity prior to major political events early in 2026.

Johnson and party leaders acknowledge favorable fundraising conditions that could enable the Republicans to maintain or widen their House majority.

The fundraising picture through 2025 shows Republicans ahead of Democrats as they head into the midterms, with momentum that could shift as early-2026 events unfold.

House Speaker Mike Johnson voiced optimism that the GOP can defend and possibly expand its majority, describing fundraising as a “war chest to run on.”

Johnson has said the overall fundraising climate makes him bullish about the party’s prospects in the next cycle.

Democratic fundraising was hampered by debt at year’s end, ending 2025 with about $17 million in debt and negative cash on hand.

At the same time, both major House committees started 2026 with roughly $50 million in cash on hand, signaling similar early-start positions.

In the Senate arena, the NRSC raised $88 million with $19.3 million cash on hand, while the DSCC raised $79.8 million with $21.7 million cash on hand.

The fundraising gap highlights broader headwinds for Democrats during the Trump era and points to a turbulent midterm cycle with Republicans possessing both the White House and chambers.