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Second-Quarter FEC Filings Show Major War Chests for Senate Incumbents and 2028 Hopefuls

Quarterly fundraising totals underline fortified midterm campaigns, hinting at early presidential ambitions.

WASHINGTON, DC - APRIL 29: U.S. Sen. Cory Booker (D-NJ) speaks to reporters alongside U.S. Sen. Amy Klobuchar (D-MN) (L) and U.S. Sen. Richard Durbin (D-IL) (C) following the weekly Senate Democrat policy luncheon at the U.S. Capitol on April 29, 2025 in Washington, DC. During the news conference Senate Democrats spoke of U.S. President Donald Trump's first 100 days back in office. (Photo by Anna Moneymaker/Getty Images)
Republican Senators Joni Ernst of Iowa and John Cornyn of Texas.
WASHINGTON, DC - APRIL 28: U.S. Sen. John Cornyn (R-TX) speaks to press after meeting with the Drug Enforcement Administration (DEA) nominee Terry Cole outside of his office at the Hart Senate Office Building on April 28, 2025 in Washington, DC. Cole is currently Virginia’s Secretary of Public Safety and Homeland Security and has worked at the DEA for the past 22 years. (Photo by Kayla Bartkowski/Getty Images)
Georgia Sen. Jon Ossoff had another strong fundraising quarter.

Overview

  • The July 15 deadline produced comprehensive Q2 FEC reports covering April–June fundraising and cash-on-hand figures for key 2026 and 2028 contenders.
  • Senators Cory Booker, Jon Ossoff and Susan Collins reported $19.6 million, $15.5 million and $5.25 million in cash reserves respectively as they prepare for reelection.
  • Rep. Elise Stefanik set a New York Republican record with $17.5 million on hand, while potential 2028 contenders Alexandria Ocasio-Cortez and Ro Khanna ended Q2 with $9.8 million and $14.2 million.
  • All seven Republican House members in competitive districts held at least $1 million in their war chests at the close of the quarter, led by Mike Lawler’s $2.2 million.
  • GOP-aligned House committees raised $60 million in the first half of 2025, outpacing the $40 million raised by their Democratic counterparts and signaling organizational advantages.