The president is transferring money to 100 House candidates amid growing GOP concern about the midterms.
President Donald Trump is intensifying his involvement in the midterm elections amid rising Republican fears that the party is confronting a November wave.
The president has signed off on plans for his reelection campaign to funnel contributions to 100 Republican candidates running in House and Senate races, the campaign said Thursday. The precise amount is unclear, but Trump is expected to send thousands of dollars to each contender.
And during a meeting with fellow GOP lawmakers on Thursday morning, Majority Leader Kevin McCarthy (R-Calif.) announced that Trump was slated to appear at a September event benefiting House Republicans, who are trying to protect their 23-seat majority.
Additionally, as part of the financial decision, the Republican National Committee, which Trump has been aggressively raising money for, will transfer $4 million apiece to the National Republican Congressional Committee and National Republican Senatorial Committee.
The financial decision comes at a time of growing fears that the party is getting outpaced on the fundraising front. During the most recent fundraising quarter, more than 50 House Republicans were outmatched by their Democratic opponents.
During Thursday’s closed-door meeting, McCarthy, who speaks frequently with the president, told incumbents that too many of them were being out-raised, according to two people who were present. He also warned them that billionaires Tom Steyer and Michael Bloomberg were prepared to spend heavily to help Democratic candidates.
With the transfer, the party is looking to exploit the RNC’s strong financial position. The cash-flush committee has outraised its Democratic counterpart by a ratio of nearly 2-to-1.
“The president authorized this support for the GOP committees and candidates because he is committed to supporting the NRSC, NRCC and congressional candidates who will work with him as we make America great again,” said Trump’s reelection campaign manager, Brad Parscale.