What's Hot

    Tesla hikes Model Y costs for the primary time in two years | Invesloan.com

    May 16, 2026

    Democrats drain election funds in failed Virginia redistricting bid | Invesloan.com

    May 16, 2026

    High fuel costs and inflation are stressing individuals out — however the financial system will probably be superb so long as they hold spending | Invesloan.com

    May 16, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Democrats drain election funds in failed Virginia redistricting bid | Invesloan.com
    Politics

    Democrats drain election funds in failed Virginia redistricting bid | Invesloan.com

    May 16, 2026Updated:May 16, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NEWYou can now listen to Fox News articles!

    Democrats, already lagging behind Republicans in midterm campaign fundraising, relied heavily on a House Democratic-aligned dark-money group in an attempt to redraw Virginia’s congressional map in their favor, campaign finance records show.

    Before voters cast their ballots in Virginia’s April redistricting referendum, the 10 wealthiest Republican-aligned political committees had close to twice as much cash on hand as their Democratic counterparts, according to Federal Election Commission records. 

    Despite this, Democratic-aligned groups poured more than $64 million into their attempt to net four congressional seats by redrawing Virginia’s congressional map, a bet that ultimately failed to pay off after the Virginia Supreme Court invalidated the redistricting process due to a procedural constitutional violation. 

    “House Democratic candidates are pulling in massive fundraising hauls, outraising their GOP opponents last quarter, and the DCCC just had its best quarter of fundraising for the cycle,” Democratic Congressional Campaign Committee spokesperson Viet Shelton told Fox News Digital on Wednesday.

    DARK MONEY FLOODS VIRGINIA AHEAD OF REDISTRICTING VOTE THAT COULD HAND DEMOCRATS HOUSE EDGE 

    House Minority Leader Hakeem Jeffries speaking at a press conference in Washington, D.C.

    House Minority Leader Hakeem Jeffries speaks during a press conference in Washington, D.C., on Nov. 20, 2025. (Nathan Posner/Anadolu via Getty Images)

    “While Republicans brag about their billionaire backers, Democrats are focused on building support amongst the people – and by every measure, we are poised to take back the majority and make Hakeem Jeffries the next Speaker of the People’s House,” Shelton added.

    Of the total Democratic spending on the Virginia redistricting election, roughly $40 million in contributions came from House Majority Forward, a Democratic-aligned 501(c)(4) nonprofit affiliated with House Majority PAC, the super PAC backing House Democrats.

    Some Democratic strategists have argued the political environment remains favorable, but party insiders have warned that the GOP’s cash advantage could blunt those gains.

    “I don’t think it has broken through, the level of money that Donald Trump and Republicans are sitting on as it compares to Democrats,” Mike Smith, who leads House Majority Forward and the affiliated House Majority PAC, told NOTUS in April. “I don’t think there’s a comprehensive understanding of both the level of disparity and what that could mean in terms of us being able to win the House.”

    Smith did not respond to a request for comment when reached by Fox News Digital on Wednesday.

    At the end of March, the 10 biggest Republican political committees had nearly $1 billion in cash on hand, compared to the approximately $550 million held by their 10 richest Democratic counterparts, per FEC data. The wealthiest GOP committees included President Donald Trump’s MAGA Inc. and the Senate Leadership Fund, which is affiliated with Senate Majority Leader John Thune, R-S.D. Democrats, meanwhile, were led by the Soros family’s Democracy PACs and the Senate Majority PAC.

    “So-called ‘Leader’ Hakeem Jeffries lit well north of $55 million on fire chasing illegal redistricting fantasies, only to fall flat on his face in spectacular fashion,” National Republican Congressional Committee spokesman Mike Marinella told Fox News Digital. “National Democrats are already drowning in a massive cash deficit against Republicans while the NRCC and our battle-tested candidates continue shattering fundraising records and building momentum for 2026.”

    The “well north of $55 million” Marinella referred to included the $17 million House Majority PAC spent on the successful redistricting effort in California. 

    Aside from the financial role the Democrat-aligned committee played in Virginia’s redistricting effort, the House minority leader was a leading surrogate for the campaign. He delivered speeches in favor of redistricting, characterizing the effort as a response to GOP map changes and raising the stakes by declaring Virginia the “crown jewel” of a national battle over congressional maps.

    REPUBLICAN FUNDRAISING OUTPACES DEMOCRATS BY NEARLY DOUBLE, JUNE NUMBERS SHOW

    George Soros walking on the sidelines of the World Economic Forum in Davos Switzerland

    George Soros, billionaire and founder of Soros Fund Management LLC, walks on the sidelines of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. (Simon Dawson/Bloomberg via Getty Images)

    “Jeffries is proving he’s no Nancy Pelosi, and Democrats are getting an expensive lesson in the difference between media hype and actual leadership,” Marinella continued. 

    Pelosi was one of her party’s most prolific fundraisers, raising over $1 billion for the party between her appointment as House Minority Whip in 2002 and her resignation from Democratic leadership in 2022, according to CBS News. Sources have told the New York Post that Pelosi retains considerable influence over the operations of House Democrats, which has allegedly irritated Jeffries.

    “Speaker Emerita Pelosi is exceptionally proud of Leader Hakeem Jeffries and his masterful strategy to fight fire with fire on the path to retaking the House in November,” a spokesman for the former speaker told Fox News Digital.

    House Minority Leader Hakeem Jeffries’, D-N.Y, office did not respond to a request for comment when reached by Fox News Digital on Wednesday.

    House Majority Forward has historically been one of the primary sources of funds for the House Majority PAC, a major Democratic committee affiliated with Democrat leaders, that itself is one of the top sources of cash for congressional Democrats, according to FEC filings. House Majority Forward and House Majority PAC are sister organizations.

    “HMF’s support matched the $40 million Republicans invested in the recent redistricting election, and once again their pro-war, costs-raising, toxic agenda was soundly rejected by Virginians,” House Majority Forward communications director CJ Warnke told Fox News Digital. “No amount of GOP money will prevent Leader Hakeem Jeffries from becoming the next Speaker of the House.”

    Hakeem Jeffries, Troy Carter, Al Green all together

    House Democratic Leader Hakeem Jeffries, center, addresses reporters while flanked by Democrats. (Nathan Posner/Anadolu via Getty Images)

    LEFT-WING BILLIONAIRES BANKROLL DEM SUPER PAC PLOTTING TO WIN BACK WORKING-CLASS VOTERS: ‘THIS IS A PRIORITY’

    House Majority Forward is a 501(c)(4) nonprofit that is not required to publicly disclose its donors. Its contributions allow money from undisclosed donors to move into the political process through publicly reported donations to House Majority PAC.

    While Republicans are financially dominant across major committees, Democrats have built considerable leads at the campaign level in some key congressional races. 

    Democratic candidates have raised more than their GOP opponents in closely watched Senate races in Georgia, Alaska, Ohio, Michigan and Maine, according to campaign finance data analyzed by NPR. Thirteen Republicans running in hotly contested House races have been out raised by Democratic challengers, compared to just four Democrats defending competitive seats who were out raised, Roll Call reported.

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP

    Republican members of Congress in toss-up seats, however, raised more on average than Democrats defending similarly competitive seats during the first three months of 2026, according to campaign finance records. 

    “Republicans are being rewarded with endless big, dark, special interest money from the billionaires they gave a tax break after cutting trillions from Americans’ health care in their Big, Ugly Bill,” the Pelosi spokesman continued. “Democrats may not have unlimited resources from billionaires, but we will have enough grassroots support to organize and win a resounding victory to elect Hakeem Jeffries as Speaker of the House.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Scholar who fled Egypt warns US far left of Islamist alliance lure | Invesloan.com

    Congress strikes to dock shutdown pay, however many senators don’t want the verify | Invesloan.com

    Hunter Biden says he hadn’t heard about DOJ push to launch father’s tapes | Invesloan.com

    Trump targets Sen. Bill Cassidy in Louisiana GOP Senate main Saturday | Invesloan.com

    Sen. John Kennedy goes viral with elliptical coach named ‘Margaret’ | Invesloan.com

    Why Were These C.E.O.s in Beijing With Trump? | Invesloan.com

    Tina Peters sentence commuted by Gov. Polis as Griswold slams determination | Invesloan.com

    Navy veteran Rocky Rochford hopes to unseat 20-year incumbent in Tampa Bay | Invesloan.com

    DHS marks 1 yr of zero releases as border crossings hit 30-year lows, company says | Invesloan.com

    LATEST NEWS

    Tesla hikes Model Y costs for the primary time in two years | Invesloan.com

    May 16, 2026

    Democrats drain election funds in failed Virginia redistricting bid | Invesloan.com

    May 16, 2026

    High fuel costs and inflation are stressing individuals out — however the financial system will probably be superb so long as they hold spending | Invesloan.com

    May 16, 2026

    Scholar who fled Egypt warns US far left of Islamist alliance lure | Invesloan.com

    May 16, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}