The National Republican Senatorial Committee (NRSC) has reported a strong fundraising start as it gears up for the 2026 midterm elections to defend and expand its majority in the Senate. In January, the NRSC announced a record-breaking $8.5 million haul, marking its best ever off-year January fundraising.
Senator Tim Scott, the new NRSC chair, emphasized the importance of protecting and growing the Republican Senate Majority to fulfill the promises made to the American people. He expressed confidence in the committee's ability to secure resources and operations needed to win in battleground states across the Senate map.
Despite the successful fundraising, the NRSC faces challenges with nearly $24 million in debt and unpaid bills from the previous cycle, coupled with limited cash on hand. The committee ended 2024 with $2.7 million in its coffers.
On the Democratic side, the Democratic Senatorial Campaign Committee has yet to disclose its January fundraising figures.
Following their victories in the 2024 elections, Republicans currently hold a 53-47 majority in the Senate. The GOP is expected to play offense in states like Michigan, Georgia, and New Hampshire, targeting Democrat-held seats. Meanwhile, Democrats plan to challenge Republican incumbents in Maine and North Carolina.
The upcoming 2026 Senate elections will see both parties strategizing to secure key battleground states and maintain or shift the balance of power in the Senate.