Politics
Democrats post early fundraising edge in marquee 2026 Senate races
One bright spot for Democrats as they face a tough path to taking back the Senate this year: Their candidates are raising a lot of money.
Democrats outraised their GOP counterparts across several of this year’s marquee Senate races heading into 2026, according to new filings submitted to the Federal Election Commission on Saturday.
Sen. Jon Ossoff, the only Democrat running for reelection in a state Donald Trump won, enters the year with a massive fundraising advantage over any of his GOP rivals in battleground Georgia. Democrats in North Carolina and Ohio also started the year with a major financial edge over their GOP rivals.
But heated Democratic primaries have helped Republicans maintain a cash advantage in a few key states, including Michigan, Maine and Iowa.
Strong fundraising will be critical to Democrats’ efforts to hold all their seats — including several that are open following battleground senators’ retirements — while also flipping four Republican ones.
In a handful of primaries, including the Democratic contests in Michigan and Texas and the Republican lineup in Georgia, fourth-quarter fundraising numbers largely did not show any one candidate majorly distinguishing themselves from the rest.
Here’s a rundown of what the fundraising looked like in key Senate races.
Georgia
Ossoff holds a significant fundraising advantage over his Republican opponents duking it out in the primary. He raised $9.9 million in the final quarter of 2025 and ended the year with $25.5 million in his war chest — numbers that are substantially higher than all of his GOP rivals combined.
Georgia Rep. Buddy Carter brought in the most in the GOP primary, raising $1.7 million and entering 2026 with $4.1 million cash on hand. Ex-football coach Derek Dooley reported raising $1.1 million, while Rep. Mike Collins raised just shy of $825,000. Dooley ended the quarter with $2.1 million left in the bank, while Collins reported having $2.3 million.
While Ossoff holds a massive fundraising advantage, the gap is likely to shrink when the Republican nominee is selected in May and the party, including its donors, coalesces around one candidate.
North Carolina
Democratic former governor Roy Cooper maintains a fundraising advantage in North Carolina over former Republican National Committee Chair Michael Whatley.
Cooper broke fundraising records when he launched his campaign and has continued to bring in large sums, raising $7 million from October through December last year, according to his filings with the FEC — nearly double the $3.8 million Whatley raised during the same period. Cooper entered 2026 with $12.3 million in his campaign coffers, a sizable haul that will be necessary as he prepares for November.
Whatley, who has been endorsed by Trump, ended the fourth quarter with $3.7 million in cash on hand. Both candidates — the likely nominees in the state’s Senate race — bring extensive donor networks from their prior roles, setting up North Carolina to be one of the most expensive contests this cycle.
Operatives in both parties say spending could reach $650 million to $800 million. Democrats are eying the North Carolina seat, left open by the retirement of GOP Sen. Thom Tillis, as one of their best pick up opportunities in November.
Michigan
In Michigan, Democrats are looking to hold retiring Sen. Gary Peters’ seat, but three Democratic front-runners are locked in a tight race, and their fundraising reflects it.
Rep. Haley Stevens holds an early fundraising advantage, raising $2.1 million during the fourth quarter of 2025 and entered the year with roughly $3 million in the bank. Widely seen as the establishment candidate in the contentious primary, Stevens benefits from being able to tap into her existing donor networks, but her opponents are not far behind. State Sen. Mallory McMorrow and physician Abdul El-Sayed each raised roughly $1.7 million and ended the year with around $1.9 million in the bank.
With Michigan’s Aug. 4 primary — later than most states — the Democratic candidates will need to sustain strong fundraising numbers through what is shaping up to be a long and expensive intraparty fight.
Former Rep. Mike Rogers, the frontrunner on the GOP side, raised $1.9 million and ended the fourth quarter with $3.5 million in cash on hand.
Rogers — the candidate most national Republicans have coalesced around — will benefit from being the main GOP candidate while Democrats get through their bruising primary. He also ran for the Senate in 2024, giving him a network of donors to tap into. The GOP is eying Michigan — where Trump won by just over a point in 2024 — as a top pickup opportunity in November.
Maine
Political newcomer and oysterman Graham Platner outraised both Gov. Janet Mills, his main Democratic rival, and incumbent Sen. Susan Collins, who is one of the party’s top targets as the only GOP senator representing a state won by Vice President Kamala Harris in 2024.
Platner raised $4.6 million in the fourth quarter compared to $2.2 million for Collins and $2.7 million for Mills, who launched her campaign in mid-October.
But Collins, who has not formally launched her campaign yet, sits on far more cash than both her Democratic rivals, with a little over $8 million in the bank compared to $3.7 million for Platner and $1.3 million for Mills.
Ohio
Former Sen. Sherrod Brown significantly outraised Sen. Jon Husted in the fourth quarter, giving Democrats a boost in their longshot bid to flip the Senate seat in the state that has turned increasingly red. Brown raised $7.3 million, while Husted — appointed last year to fill the seat vacated by JD Vance becoming vice president — raised $1.5 million.
Brown, a prolific fundraiser, began 2026 with $9.9 million in his war chest. He is expected to need deep reserves again, after cryptocurrency-linked groups spent heavily against him during his unsuccessful 2024 reelection bid. Husted started the year with just under $6 million.
New Hampshire
In New Hampshire, Democratic Rep. Chris Pappas continued to comfortably outraise his Republican competition in the race to replace retiring Democratic Sen. Jeanne Shaheen. Pappas brought in $2.3 million in the fourth quarter and ended 2025 with $3.2 million cash on hand.
Former Sen. John Sununu, who was defeated by Shaheen in 2008 and is running with the backing of the National Republican Senatorial Committee, raised $1.3 million and had $1.1 million cash on hand. His Republican primary rival Scott Brown, who briefly represented neighboring Massachusetts in the Senate, raised just $374,000 and had $907,000 in the bank.
Texas
Money is flowing into the Democratic primary in Texas, where Rep. Jasmine Crockett and state Rep. James Talarico both raised over $6 million during the fourth quarter.
Crockett, who launched her Senate campaign in early December, raised $2 million from donors through the end of the month and transferred another $4.5 million from her previous House campaign account. But Talarico, a state representative from Austin, outraised Crockett and ended the year with more money in the bank. He started 2026 with $7.1 million in his war chest, compared to $5.6 million for the Dallas-area representative.
Both candidates outraised the Republican field by a wide margin. On the GOP side, state Attorney General Ken Paxton raked in $1.1 million, while incumbent Sen. John Cornyn raised $1 million for his campaign and another $4.1 million through a joint fundraising committee that has been running TV ads on his behalf. Rep. Wesley Hunt, polling in third in the GOP primary, raised just over $429,000.
Cornyn — whose reelection bid has been endorsed by the NRSC — still maintains a huge cash on hand advantage. He has more than $10 million in the bank between his campaign account and joint fundraising committee, a war chest that could prove pivotal in the final stretch of the March 3 primary — or an extended runoff . He is locked in a neck and neck race with Paxton.
Paxton entered 2026 with $3.7 million in the bank. Hunt had $778,660.
Iowa
Democrats duking it out in Iowa’s Senate primary posted modest fundraising hauls in the fourth quarter. State Rep. Josh Turek raised $677,000, while state Sen. Zach Wahls brought in $741,000. Nathan Sage, the third Democrat viewed as competitive for the nomination, brought in $229,000.
Wahls also entered 2026 with the cash on hand advantage. He had $733,000 left in his war chest, while Turek had just shy of $400,000. Sage had $86,000 in the bank at the start of the year.
Whichever Democrats wins will need serious money to try flipping the seat left open by retiring Sen. Joni Ernst.
Rep. Ashley Hinson brought in $1.6 million and had nearly $5.2 million in the bank at the end of 2025, a substantial fundraising advantage over all of her potential Democratic opponents.
Politics
‘It would be catastrophic’: A Supreme Court decision could upend Alaska’s crucial Senate race
In the villages that dot Kodiak Island off the coast of southwest Alaska, the post arrives by plane. Mailing a ballot to the archipelago’s hub takes at least two days — if the region’s frequent storms haven’t grounded air traffic.
It’s a common problem across Alaska. And it’s a big reason why the state allows ballots postmarked by Election Day to be counted for up to 10 days afterward, a critical reprieve for voters in remote communities that are disconnected from the state’s highway system and sometimes even polling locations.
That’s why Alaskans across the political spectrum are sounding the alarm about a pending Supreme Court ruling. A majority of justices appear to be leaning toward barring states from counting late-arriving ballots, a ruling that would upend voting laws in Alaska and more than a dozen other states. That could potentially disenfranchise hundreds of voters in Kodiak’s distant villages and thousands more across the remote reaches of The Last Frontier — and upend Alaska’s election process in a state that could determine Senate control.
“This matters a lot in a place like Kodiak, because absentee voting, it’s not a convenience here,” said Jared Griffin, the mayor of Kodiak Island Borough, who is an independent. “It’s going to really hurt those rural, remote voters.”
A ban on late-arriving ballots could have an outsized impact on Alaska Natives, many of whom live in rural villages that already experience delays in receiving and returning ballots. It’s a scenario that’s sparking bipartisan fears of depressed turnout in the state’s hotly competitive Senate race between former Democratic Rep. Mary Peltola and GOP Sen. Dan Sullivan. The contest could decide control of the chamber.
Democrats in particular are crying foul — accusing Republicans of pushing changes that could disenfranchise members of a significant Democratic-leaning voting bloc.
“It would be catastrophic. It’s mean-spirited,” Eric Croft, the chair of the Alaska Democratic Party, said of the potential effect on rural and Native voters. “It would hurt participation in rural Alaska. And Mary Peltola’s very strong in her Native communities, and in the community she comes from. So I think it will hurt her.”
‘Blunt-force trauma’
President Donald Trump won Alaska by 13 points in 2024. But both sides see a competitive Senate race shaping up.
Peltola holds a narrow edge over Sullivan in the handful of public polls testing the race so far, leading the Republican by 5 percentage points in an Alaska Survey Research poll from mid-March. National Democrats see Peltola as a major recruiting win, and have already put over $3 million into boosting her campaign, according to ad tracking firm AdImpact.
Republicans are shoveling money into the state as well, a sign they don’t see Sullivan as a lock. Senate Leadership Fund, a super PAC aligned with Majority Leader John Thune, pledged this week to pump $15 million into the race — a staggering sum for the state of 740,000 people.
Core to Peltola’s hopes of flipping the state — and possibly the Senate — are running up the score in the Bush region, the term Alaskans use for the a vast expanse of isolated villages from the Aleutian Islands to the North Slope that are cut off from the state’s road system and include much of its indigenous communities.
Alaska Natives make up roughly 20 percent of the state’s electorate and are a powerful force in its politics. They helped propel Peltola, who is Yup’ik and has deep roots in the Bethel region, to her 2022 special-election upset to serve out the remainder of the late Rep. Don Young’s term in the House. In the November election that year, Peltola swept the vast majority of predominantly Native precincts, according to an analysis by Split Ticket. They’ve also backed GOP Sen. Lisa Murkowski against right-wing challengers; Sullivan has ties with the communities as well.
Many Alaska Natives rely on voting by mail, and activists see it as a critical tool in rural stretches where voter turnout is often lower than in more urban areas. That includes the region Peltola represented in the state House.
Ballots come in late from all over the state where more than four-fifths of communities are cut off from the main road system. But they’re tardy from rural and Native communities at a rate two-to-three-times higher than those coming from mainly urban and non-Native areas, according to a brief that a group of Native organizations filed to the Supreme Court. In state House District 38, which Peltola represented, nearly four-fifths of all absentee ballots came in after Election Day.
None of those late-arriving ballots would be counted if the Supreme Court strikes down a five-business-day grace period in Mississippi, in the case brought by the Republican National Committee and backed by the Trump administration.
“They want a ballot in their hands the day of election [so] you know the winner that night. That’s difficult,” said Democratic state Rep. Maxine Dibert, an Alaska Native who represents a district in and around Fairbanks, in the rural center of the state. “There’s already barriers to voting.”
The ruling, which could come this summer, could upend election administration in Alaska just two months before the state’s primaries — a worst-case scenario that prompted the state’s Republican attorney general, Stephen Cox, to ask the court to issue “clear parameters for Alaska” in its eventual ruling. Though Cox did not take sides in the case, he stressed the “unique challenges” Alaskans face in voting in a state where volatile weather can knock out mail services and polling locations sometimes lack the staff to open.
Peltola’s campaign said in a statement that she would work to ensure “Alaskans are able to make their voices heard” in November.
“Mary believes everyone who is eligible to vote should have access to the ballot box and one-size-fits-all rules from DC rarely work for large rural states like Alaska,” campaign spokesperson Harry Child said. “Whether by road, plane, or boat, we’ll be reaching Alaskans where they’re at and making sure they can participate in our safe and secure elections.”
Alaskan leaders are also bracing for the far less likely passage of the SAVE America Act, a set of voting strictures being pushed by Trump and his allies that state officials and local activists warn could further disenfranchise rural and Native populations. The bill is stalled in the Senate in part over the objections of Alaska’s senior senator, Republican Lisa Murkowski, though Sullivan supports it.
“We’re going through a lot of blunt-force trauma with this multi-pronged effort to not meet the voters where we’re at,” said Michelle Sparck, who runs Get Out the Native Vote, a nonpartisan group dedicated to improving Native turnout.
Senate stakes
Murkowski, who has drawn strong Native support across her campaigns and is backing Sullivan in his reelection bid over her former ally Peltola, has slammed her party’s twin efforts to curtail mail voting and tighten identification requirements as a “level of voter intimidation.” And she has warned a Supreme Court ruling eliminating the grace period for mail ballots would hit her state harder than any other.
“I’ve got a state that is very reliant on mail-in voting,” she told Blue Light News, “and we want to continue that.”
Sullivan has his own ties to Native communities. He’s won the backing of several federation leaders in their personal capacities. His wife, Julie Fate Sullivan, is Koyukon Athabascan and hails from an influential family.
A spokesperson for Sullivan said the senator believes mail ballots cast by or on Election Day — even if they are received afterward — should be counted.
“Senator Sullivan has a record dating back to his time as Alaska’s Attorney General of defending voting rights for Alaskans, particularly in rural and Alaska Native communities. He believes that every eligible vote cast before or on Election Day should be counted,” Sullivan spokesperson Amanda Coyne said in a statement. “He also applauds Alaska Attorney General Stephen Cox for filing an amicus brief in this case, highlighting Alaska’s unique challenges and geography.”
Art Hackney, a veteran GOP operative who is running an outside group backing Sullivan’s reelection bid, said voters would adjust to potentially having to mail their ballots earlier. And he suggested the effect on the Senate race would be negligible.
“It’s just a matter of figuring out how to deal with it,” Hackney said. “The percentage impact, I think you can toss a coin — a few this way, a few that way. They’re both going to be fighting for [Native and rural] votes.”
But Democrats, who see Alaska as a possible linchpin to their hopes of retaking the Senate, say the restrictions could hurt Peltola on her home turf — potentially imperiling their broader midterms strategy.
They argue that Alaska has already taken steps to tighten voting rules, pointing to the sweeping and bipartisan elections overhaul bill lawmakers sent to GOP Gov. Mike Dunleavy last month that would update voter rolls, create a ballot-tracking system and establish a ballot-curing process.
“These efforts do one thing and one thing only: disenfranchise people who live in rural parts of Alaska,” said Jim Lottsfeldt, a longtime Democratic strategist in the state who is not involved in the Senate race. “You could make the argument that these sort of things hurt Peltola, because as the first Native woman to be elected to statewide office, she obviously has the support of Alaska Natives. That’s a core constituency.”
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