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News: Rep. Raja Krishnamoorthi (D-Ill.) raised nearly $3.6 million during the last three months of 2025 for his Senate bid.

A first look at Q4 fundraising

News: Rep. Raja Krishnamoorthi (D-Ill.) raised nearly $3.6 million during the last three months of 2025 for his Senate bid.

More importantly, Krishnamoorthi ended the year with more than $15 million in the bank.

Illinois’ March 17 primary is one of the earliest on the calendar. And the race to replace retiring Democratic Sen. Dick Durbin is a three-way brawl between Krishnamoorthi, Rep. Robin Kelly (D-Ill.) and Illinois Lt. Gov. Juliana Stratton.

Kelly and Stratton have not released their Q4 totals. But Krishnamoorthi has vastly outraised both of them so far. This is his fourth quarter in a row raising more than $3 million, per his campaign. Krishnamoorthi has been airing ads since July.

Illinois Gov. JB Pritzker and EMILY’s List are backing Stratton. But it’s not clear if Pritzker plans to spend big to boost his LG. And Stratton is running out of time to catch Krishnamoorthi. Early voting begins in one month.

Other Q4 numbers. The next campaign-finance filing deadline is not until Jan. 31. But a few other candidates have announced their hauls over the past few days.

In Texas’ Senate race, Democratic state Rep. James Talarico raised nearly $7 million last quarter. His chief primary opponent, Rep. Jasmine Crockett (D-Texas), hasn’t announced her total.

Texas’ primary on March 3 is the first of this campaign year.

Rep. Colin Allred (D-Texas), who left the Senate race to run for Texas’ 33rd District, raised more than $3 million in Q4. Allred ended with $1.7 million on hand and raised $550,000 of his haul after dropping down to run for a House seat.

In Kentucky, Navy SEAL Ed Gallrein raised $1.2 million in Q4 following an endorsement from President Donald Trump. Gallrein is challenging Rep. Thomas Massie (R-Ky.), whom Trump has vowed to oust from Congress.

Super PACs. Outside groups that played in the December special election for Tennessee’s 7th District were required to file FEC reports this past week. That gives us an early peek at their fundraising in the last half of 2025.

House Majority PAC, an outside group aligned with House Democratic leadership, raised $37.7 million from July 1 to Dec. 22 and ended with $35.8 million in the bank.

MAGA Inc., a Trump-aligned super PAC, raised $102 million in that same period and reported nearly $300 million in the bank as of Dec. 22. That’s an absolutely staggering cash pile that could give Republicans a midterm lifeline.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

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