Republicans Face a Small Donor Problem

“Republicans are confronting a grim reality about their fundraising: Trump is by far their biggest online rainmaker, and others in the party aren’t even close,” Politico reports.

“The GOP’s cash advantage over Democrats this cycle has been thanks to a small group of megadonors like Elon Musk. But when it comes to the grassroots donor base, there’s a stark contrast between the parties.”

“The number of federal donors giving through WinRed, the major GOP online fundraising platform, is down about 30% versus 2022. Meanwhile, the number of donors has increased by about one-third on ActBlue, the dominant Democratic platform, from 4.9 million to roughly 6.6 million, according to analyses of reports from both groups submitted to the FEC.”