Lawmakers are already breaking fundraising records ahead of the 2022 election season.. This article published by the Center for Responsive Politics is by Karl Evers-Hillstrom. Here is an excerpt:
The 2022 election cycle is already making its way into the history books, with candidates reporting unprecedented fundraising hauls only three months in.
In both House and Senate races dating back to 1999, four of the five largest fundraising hauls through the first three months of an election cycle came this year. The extraordinarily early influx of donations indicates that record-breaking political fundraising from the 2018 midterms and the 2020 election is here to stay.
In his first fundraising period as majority leader, Sen. Chuck Schumer (D-N.Y.) raised an astonishing $8.3 million from January through March, easily the largest first-quarter total ever for a congressional candidate. That figure was buoyed by wealthy donors eager to show their support: only 2 percent of Schumer’s haul came from small donors giving $200 or less. As one of the most powerful figures in Washington who could face a primary challenge next year, Schumer is a prime target for big-dollar donations.