McCarthy Sets All-Time Annual Fundraising Record as GOP Embarks on Effort to Retake House Majority
January 28, 2020
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House Minority Leader Kevin McCarthy (R-CA) set an all-time annual fundraising record for any Republican in 2019, blowing past a previous record set by former House Speaker Paul Ryan (R-WI) in 2017 by $8 million.
Across his four fundraising entities, McCarthy and his team confirmed to Breitbart News exclusively ahead of the public release of this information, the GOP leader raised $52.35 million in 2019. That is over $8 million more than Ryan’s previous record in the first year of President Donald Trump’s administration, where in 2017 the now former speaker raised $44 million.
Trump told Breitbart News that this record proves McCarthy will make a strong speaker of the House, and that Republicans need to retake the majority this year to make that happen.
“We need to win back the House to retire Nancy once and for all, and to elect Kevin McCarthy as speaker,” Trump told Breitbart News exclusively for this story. “Kevin is tough, loyal, and smart—he has what it takes.”
Jared Kushner, Trump’s son-in-law and a senior adviser to the president as well as a senior Trump campaign aide, also praised McCarthy in an exclusive statement to Breitbart News.
“Kevin has been a tremendous leader. His focus on recruiting a new generation of Republican candidates is reflective of the inclusive and growing Republican Party,” Kushner said. “Thanks to Kevin, the relationship between the White House, campaign, RNC and House has never been stronger.”
Former House Speaker Newt Gingrich (R-GA), who oversaw his own GOP resurgence in 1994 when Republicans took back the House majority in the midterm elections in Democrat President Bill Clinton’s first term, told Breitbart News he believes the Republicans will retake the House majority in 2020.
“Kevin McCarthy’s tireless work ethic has produced a new dynamic, united, and aggressive House Republican Party,” Gingrich told Breitbart News. “Thanks to his efforts, Republicans enter 2020 from a position of strength—with the necessary resources, recruits, and message to win. Kevin’s leadership, along with President Trump on the ballot are why I’m convinced this will be a one-term Democratic majority, and we will be hearing from Speaker McCarthy in 2021.”
More impressively than the new record McCarthy has established heading into the all important 2020 campaign, as Republicans embark on an effort to retake the House majority this year alongside Trump, who is seeking reelection, is the fact that McCarthy set this record from the minority. It’s almost unheard of for a party in the minority to do so well in fundraising, as it is usually easier for the party in the majority to raise big dollars.
These explosive and record-setting fundraising numbers from McCarthy come immediately after the top two outside House GOP leadership connected groups—American Action Network (AAN) and Congressional Leadership Fund (CLF)—announced on Monday significant fundraising hauls in 2019 as well.
Describing AAN’s and CLF’s 2019 fundraising successes as “a bit of a shock,” Politico’s Playbook newsletter on Monday morning revealed that the main outside organizations backing House Republicans “pulled in a combined $68 million in 2019, their largest haul ever in an off year.”
“This is so unexpected because House Republicans are in the minority, and conventional wisdom holds that they don’t have a pathway out,” Politico’s Playbook newsletter wrote about this, also noting that CLF currently has $28 million in cash on hand, “the most it has ever had going into an election year and twice as much as ever before.” CLF raised $32.6 million in 2019, Playbook reported, and combined AAN and CLF smashed through their previous record by more than $2 million.
Taken altogether, McCarthy’s banner year in his various fundraising vehicles and the banner year from CLF and AAN combined—mixed together with candidate recruitment and the broader map of House races in 2020—shreds the “conventional wisdom” that Politico Playbook speaks of with regard to whether the House is in play in November.
A total of 1,017 GOP candidates have filed this cycle so far, McCarthy’s team told Breitbart News, including candidates in 388 total districts nationwide. A total of 195 of those more than a thousand Republican candidates are women, 160 of them are minorities, and 210 of them are military veterans.
At this stage in the 2010 cycle, the last time the GOP retook the House from Democrats during the midterm elections in now former President Barack Obama’s first term, only 776 candidates total had filed in only 351 total districts. And in the whole 2010 cycle, only 136 women total and only 110 military veterans total ran for the House—meaning the GOP already has more women and military veteran candidates and not all the filing deadlines have passed nationwide.
In the 2010 cycle, McCarthy ran recruitment for the National Republican Congressional Committee (NRCC)—and that nearly 800 total candidates nationwide was the most either party had put up in 30 years at the time. Now, with McCarthy at the top of the House Republicans as the minority leader and would-be Speaker, the GOP is again flooding the zone nationwide in candidate recruitment—and making a run for it.
But, as McCarthy said in a statement to supporters upon the release of this news of the fundraising records he just set in 2019, obtained exclusively by Breitbart News ahead of its public release, the House GOP seems as fired up as ever.