Kevin McCarthy scores $21.7 million second quarter fundraising haul

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Kevin McCarthy
FILE – House Speaker Kevin McCarthy of R-Calif., speaks as House Minority Whip Rep. Steve Scalise, R.La., left, and Rep. Patrick McHenry, R-N.C., listen at a news conference after the House passed the debt ceiling bill at the Capitol in Washington, Wednesday, May 31, 2023. (AP Photo/Jose Luis Magana, File) Jose Luis Magana/AP

Kevin McCarthy scores $21.7 million second quarter fundraising haul

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House Speaker Kevin McCarthy (R-CA) brought in $21.7 million in contributions during the second fundraising quarter of 2023.

The top California Republican has now raised more than $62 million this election cycle.

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McCarthy transferred $17.6 million of the second quarter total to the National Republican Congressional Committee and an additional $8.3 million to specific Republican incumbents.

“As we continue to build on the historic successes of this Republican majority the campaign to protect and expand the House majority is gaining momentum,” the speaker said in a press release. “Over the past six months, we have delivered historic spending cuts, worked to defend the border, and continued to investigate the Biden administration’s detrimental actions to the American public. The American people are responding to these accomplishments with an outpouring of support to advance this mission, and we plan on delivering for the country.”

According to Punchbowl News, this comes as no shock, as McCarthy has been bringing in an average of $2 million per week since assuming the speakership.

Last year at the same time, the California Republican had only raised $51 million, marking an improvement of $11 million for McCarthy.

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After becoming speaker in 2023, his favorability among Republicans rose to new heights. In the beginning of December 2022, McCarthy’s rating sat at +18 among Republicans. By mid-January 2023, it had doubled to +36, per YouGov. This is the highest McCarthy’s favorability has been since May 2021.

Since then, strategists have watched as the Republican speaker navigates tensions between Republican factions delicately in order to maintain unity amid the narrow GOP House majority.

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