McCarthy raises nearly $60M so far this year


House Minority Leader Kevin McCarthy (R-Calif.) has raised nearly $60 million this year as Republicans work to build up their coffers ahead of the highly anticipated 2022 midterm elections, when the GOP is looking to retake control of Congress.

McCarthy announced on Wednesday that he has raised $57.8 million so far this cycle, including $14.7 million that was received during the third quarter.

More than 40,0000 donors contributed to McCarthy’s campaign in the past three months.

As of the beginning of October, McCarthy for Congress had $7 million cash on hand, according to the campaign.

The campaign said it has transferred $17.1 million to the National Republican Congressional Committee. He has also allocated $8.3 million to Republicans who are running in competitive districts, and $2.3 million to GOP state parties.

The minority leader’s latest fundraising haul broke the record he previously set during the first nine months of 2019, when he raked in $41.6 million.

“I want to thank all our contributors who helped make this a record-breaking quarter. With 13 months to go, the contrast is stark — Republicans nationwide are fired up to take back the House, while Democrats are running for the exits,” McCarthy said in a statement.

“And with... (Read more)

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