• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Speaker McCarthy hauls in $12 million at first major 2024 fundraiser as he works to expand House GOP majority
Economy

Speaker McCarthy hauls in $12 million at first major 2024 fundraiser as he works to expand House GOP majority

by February 9, 2023
by February 9, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

As he aims to expand the Republican majority in the House of Representatives in next year’s elections, Speaker Kevin McCarthy is off to a fast start when it comes to building a formidable war chest.

McCarthy hauled in a record $12 million for House Republicans on Wednesday night as he headlined his first major fundraiser of the 2024 election cycle. 

The function held at the Conrad Hotel in the nation’s capital and in honor of McCarthy’s hard-fought ascension last month to the speaker’s chair, attracted nearly everyone from House GOP leadership and committee chairs. It was hosted by longtime McCarthy friend and ally and veteran lobbyist Jeff Miller.

The speaker, who’s known as one of the most prolific fundraisers in Washington D.C., personally hauled in $150 million last cycle to help Republicans win back the House majority. 

‘No one has ever argued that I don’t work hard, and I’ll continue to work hard to get the message out,’ McCarthy told Fox News Digital in an exclusive interview just before the fundraiser when asked about his fundraising goals in the new cycle.

Republicans controlled the House majority for eight years before the Democrats won back the chamber in the 2018 midterms. But two years ago in the 2020 elections, the GOP defied expectations and took a big bite out of Democrats’ majority. 

The GOP captured the majority in November’s elections, but hopes of a red wave never materialized, and the party is holding onto a fragile 222-212 majority, with a heavily blue seat currently vacant. That means Democrats will likely need a net gain of just five seats to win back control of the chamber next year.

‘I want to grow the number of Republicans in the House to make sure that policy becomes law,’ McCarthy emphasized as he discussed his 2024 goals.

As part of that goal, McCarthy last week launched a joint-fundraising committee to help 30 incumbent House Republicans who face potentially challenging re-elections next year. The news was reported first by Fox News.

Looking back to November’s results, McCarthy acknowledged that ‘there are number of places where we could have done better.’ Pointing to disappointing GOP results in some statewide races in two key battlegrounds, McCarthy said that ‘the top of the ticket hurt us in Pennsylvania and Michigan.’

But he highlighted that the GOP won the popular vote in House races last November by 3%, up from the previous midterm elections.

‘We won in California. We won in New York. In Oregon. We have grown this party and actually expanded this party in seats that we haven’t had before,’ McCarthy spotlighted. ‘We’re winning seats that [President] Biden won by 10 points. So I think the role model is do what you’ve done well, and continue. That means finding some of the very best candidates, deliver your message like the Commitment to America and follow through with it.’

The Cook Political Report, a top non-partisan political handicapper, last week gave the GOP a slight edge over the Democrats as it released its first ratings for the 2024 landscape, with 10 Democratic held seats listed as toss-ups, compared to nine for the Republicans.

‘The advantage goes to Republicans in the next election cycle for the House,’ McCarthy said as he referenced the Cook Report ratings.

Pointing to bills House Republicans have already passed — from repealing the nearly $80 billion in IRS funding approved last year by Democrats, to a new select committee to get tough on China, McCarthy touted that ‘a lot of people like what they see happening.’ 

And looking ahead to the 2024 elections, he said ‘I know we’ll gain seats with the policies we’re working on.’

Democrats disagree.

Rep. Suzan DelBene, the new chair of the Democratic Congressional Campaign Committee, told Fox News Digital in an interview on Tuesday that Republicans ‘are not at all focused on addressing the issues of our families. They’re focused on politics and ideology.’

DelBene argued that the House GOP push to investigate the Biden’s administration and whether Hunter Biden tried to influence his father’s politics through business deals in China and Ukraine would not resonate with voters.

Asked about the DCCC chair’s criticisms, the Speaker that while House Republicans will push for a strong economy, energy independence, anti-crime measures, border security and a parents bill of rights, they also ‘want a government that’s held accountable and the reason that you’re seeing that is Democrats never did.’

‘The last DCCC chair said the exact type of thing, and he lost his seat,’ McCarthy added, referencing former Rep. Sean Patrick Maloney, the 2022 cycle DCCC chair who lost his re-election in November.

Paul Steinhauser is a politics reporter based in New Hampshire. 

This post appeared first on FOX NEWS
You Might Also Like
  • Biden predicted in the ’90s that he would be ‘dead and gone’ by the year 2020
  • Trump’s Tariffs: Canada, Mexico Pause, China Levies Continue
  • Kim Jong Un prompts health speculation as experts declare: ‘doesn’t look like a healthy man’
  • Pence comes out swinging in support of Clarence Thomas
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Biden’s State of the Union address draws second-smallest audience in decades: report
next post
Arkansas Democrat defends Gov. Sarah Huckabee Sanders amid attack from California’s Gavin Newsom

You may also like

Three Errors Paul Ehrlich Keeps Making

January 7, 2023

Texas GOP votes to censure Rep. Tony Gonzales over votes...

March 5, 2023

Iowa conservatives praise DeSantis ‘reboot’ amid campaign struggles

July 30, 2023

US approves $20 billion in weapons sales to Israel as...

August 14, 2024

JD Vance, others say Biden should resign presidency if he...

July 20, 2024

Kristi Noem offers 5 requirements to serve as Trump’s VP

February 24, 2024

Lawmakers ask Biden to add Office of National Drug Control...

February 3, 2023

House finally passes defense spending bill and 2 others, while...

September 30, 2023

Ex-intel officials double down on signing ‘patriotic’ letter against Hunter...

June 10, 2024

US floats possible plan for postwar Gaza, who could govern...

December 16, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    North Korea demolishes monument symbolizing potential...

    January 24, 2024

    Prosecutors urge judge to reject Menendez’s...

    December 28, 2023

    Tesla Stock Jumps 22% After Q3...

    October 28, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here