The Republican National Committee credits both President Donald Trump, right, and Vice President JD Vance with the party's fundraising this year. (Kevin Dietsch/Getty Images)
"Thanks to the leadership of President Trump and Vice President Vance as our Finance Chair, the RNC is building a powerful war chest for the 2026 midterms," RNC chair Joe Gruters said in a statement.
And Gruters emphasized that "Vice President Vance has been a driving force for our fundraising efforts, and we’re entering 2026 with serious momentum and the funding we need to defend our Republican majorities in Congress."
WHAT THE NEWLY ELECTED RNC CHAIR TOLD FOX NEWS
With Republicans in control of the White House and both houses of Congress, the party has enjoyed a financial advantage over the Democrats this year, as the minority party has faced sluggish fundraising among top-dollar donors and the grassroots still frustrated with last year's election setbacks.
The party is still crawling out of debt — it still owes roughly $15 million — in the wake of former Vice President Kamala Harris' massively expensive 2024 White House campaign.
Democratic National Committee chair Ken Martin is interviewed by Fox News Digital, on July 23, 2025, at DNC headquarters in Washington D.C. (Paul Steinhauser/Fox News)
"We can't win elections or fight back against Trump if the DNC downsizes operations like it often does after a presidential cycle. I made a bet that investing early would build power, rack up wins, and rally supporters back to the table. That bet is paying off," DNC chair Ken Martin said in a statement.
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The DNC also highlights that it's raised more money under Martin, who was elected in February, than any chair in party history nine months into their tenure. And the party also highlights their grassroots fundraising pace is far ahead of the 2017 and 2019 cycles, the previous election periods when Democrats didn't control the White House.
Paul Steinhauser is a politics reporter based in the swing state of New Hampshire. He covers the campaign trail from coast to coast."
https://www.foxnews.com/politics/rnc-fueled-trump-vance-tops-rival-dnc-october-fundraising-race