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6d ago

RNC War Chest Tops DNC’s by Nearly Fivefold, Deepening Democratic Struggles

A widening funding gap has intensified criticism of Chair Ken Martin’s financial stewardship.

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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David Hogg at a forum for candidates to be the next vice chair of the Democratic National Committee in Detroit on January 16, 2025.
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Overview

  • New campaign filings show the RNC ended May with $72.4 million in cash reserves, almost five times the DNC’s $15 million.
  • Party officials have discussed securing a line of credit in light of tight finances.
  • Two labor union leaders resigned from DNC leadership and former vice chair David Hogg departed after public disputes with Chair Ken Martin.
  • The DNC raised a record $40 million in individual donations since February, with more than 65% coming from contributions of $200 or less.
  • The RNC’s cash advantage is likely to give Republicans an early boost in building campaign infrastructure for next year’s midterm elections.