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US Midterms 2026
14JUN

NRSC backs no nominee in seven states

2 min read
11:52UTC

The National Republican Senatorial Committee funded seven nominees from 1 to 14 October and put no party money behind its candidates in Iowa, New Hampshire, Kansas, Texas, Georgia, North Carolina or South Carolina.

PoliticsAssessed
Key takeaway

The NRSC held its debt at $20m and funded no nominee in seven Senate states in early October.

The National Republican Senatorial Committee (NRSC) took no new loan from 1 to 14 October and still owed exactly the $20m it drew from Chain Bridge Bank in September, according to its pre-general filing with the FEC (Federal Election Commission)⁠1. Cash at the close stood at $25.20m, down $3.09m from 30 September. The NRSC is the party committee that works to elect Republicans to the Senate.

It put money behind seven nominees in the fortnight. Its report lists nothing for its candidates in Iowa and New Hampshire, both of which it backed in September, nor in Kansas, Texas, Georgia, North Carolina and South Carolina. Two of the seven were rated Toss Up in September: Iowa by Sabato's Crystal Ball and New Hampshire by the Cook Political Report.

The filing alone cannot say whether the empty lines mean seats given up or money held back for the last week; the NRSC's next report, covering spending after 14 October, is due after polling day.

Deep Analysis

In plain English

The National Republican Senatorial Committee (NRSC) is the Republican Party's committee for winning Senate seats. Every few weeks it must tell the Federal Election Commission (FEC), the US campaign-money regulator, what it raised, spent and owes. Its report for 1 to 14 October shows it still owes the $20m it borrowed in September. It spent money alongside seven of its Senate candidates and nothing alongside those in seven other states. Other Republican groups still spend in some of those states, so a blank on this report does not mean no Republican money is flowing there.

Deep Analysis
Root Causes

The NRSC holds $25.20m against $20m of debt, so its spare money is far smaller than its cash suggests. A committee in that position has to rank its races, and every state left blank on Schedule F is a choice made under that constraint.

Republicans also split their Senate money between the NRSC and the SLF, which work under different rules. The NRSC buys airtime at the lowest candidate rate but raises under contribution limits; the SLF raises without limits but pays market rates. Where the SLF can cover a state, the NRSC can spend elsewhere.

What could happen next?
  • Risk

    If the NRSC does not return to Iowa or New Hampshire before 3 November, Republican nominees there depend wholly on super PAC airtime at market rates.

First Reported In

Update #22 · Senate Democrats borrow $15m, outspend GOP

Federal Election Commission· 27 Oct 2026
Read original →
Causes and effects
This Event
NRSC backs no nominee in seven states
The Republican Senate committee kept its debt flat and its cash in reserve while giving seven Senate nominees no party money in the fortnight.
Different Perspectives
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Senate Leadership Fund (SLF)
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Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Editorial standards.