Congressional Candidates Finalize Fundraising Reports for Midterm Election

It’s the time of year when congressional candidates across the country are required to submit their quarterly fundraising reports to the Federal Election Commission (FEC) by midnight Wednesday. These reports cover the financial activities of House and Senate campaigns from July through September, offering a snapshot of their funding sources and expenditures. The reports include detailed information on total fundraising, spending, and donations from contributors who gave more than $200. This data is particularly significant for candidates in battleground states, where fundraising figures can serve as a barometer of their campaign’s financial health and organizational strength as they prepare for the upcoming midterms.

For those competing in close primary races, the reports provide an opportunity to outperform their opponents by demonstrating their viability to reach the general election. Some candidates have already shared their fundraising totals in advance of the deadline, revealing the competitive dynamics within key races. In the Michigan Senate race, Rep. Haley Stevens led the Democratic field with $1.9 million raised from July through September, with state Sen. Mallory McMorrow and former health official Abdul El-Sayed close behind, each raising around $1.7 million. On the Republican side, former Rep. Mike Rogers, the only serious contender, reported $2.2 million in fundraising. In Texas, state Rep. James Talarico’s campaign announced that he raised $6.2 million in just the first three weeks after launching in early September, surpassing the $4.1 million that former Rep. Colin Allred, last year’s nominee, raised over the quarter. On the Republican side, Sen. John Cornyn’s campaign reported $3.36 million in fundraising, while challenger Ken Paxton has yet to release his numbers.

Some candidates who recently entered high-profile races will not have to file their reports until the end of January, as the current deadline only covers data up to September. In Maine, Gov. Janet Mills’ campaign reported that she raised $1 million in the first day since her Senate launch on Tuesday. Meanwhile, oysterman Graham Platner’s campaign announced that he raised $3.2 million since his August launch. Sen. Susan Collins, the Republican they are seeking to challenge, reported $1.9 million raised over the quarter and $6.7 million in cash on hand. The release of these reports continues to shape the narrative of the midterm elections, highlighting the financial landscape of key races and the strategies candidates employ to secure their place in the general election.