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2mo ago

RNC Holds Nearly Fivefold Cash Advantage Over DNC

Democratic strategists are weighing a line of credit to offset low reserves caused by ongoing leadership turmoil

Democratic National Committee chairman Ken Martin speaks after winning the vote at the Democratic National Committee winter meeting at the Gaylord National Resort and Convention Center in National Harbor, Maryland, on February 1, 2025.
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DETROIT, MICHIGAN - JANUARY 16: Ken Martin, DNC Chair Candidate, speaks at the "Win With Workers" Rally and Press Conference at the DNC Midwestern Candidate Forum on January 16, 2025 in Detroit, Michigan. (Photo by Aaron J. Thornton/Getty Images for One Fair Wage)
David Hogg at a forum for candidates to be the next vice chair of the Democratic National Committee in Detroit on January 16, 2025.

Overview

  • Federal Election Commission filings show the RNC ended May with $72.4 million in cash reserves compared to the DNC’s $15 million, the widest gap since mid-2020.
  • DNC Chair Ken Martin has faced growing criticism after former vice chair David Hogg and two major labor union presidents resigned from party leadership.
  • Since Martin’s election in February, the DNC has raised a record $40 million in individual donations over four months, the most ever for a new chair.
  • More than 65% of the DNC’s individual contributions through the end of May came in amounts of $200 or less, highlighting strong small-dollar donor support.
  • Analysts say the RNC’s sizable war chest, bolstered by past major donations, could give Republicans an early boost in building midterm campaign infrastructure next year.