McCarthy's Ouster as House Speaker Raises Uncertainty Over Future GOP Fundraising

McCarthy was a prolific fundraiser for House Republicans, raising $150 million in the last election cycle. His ouster raises questions about future GOP fundraising efforts.

The National Republican Congressional Committee is postponing a gala that McCarthy was set to headline next week.

As Speaker, McCarthy helped raise $62.5 million in just the first 6 months of 2022 through the McCarthy Victory Fund.

It's unclear what the practical impact on fundraising will be, as the next GOP leader's capacity is unknown.

Republicans remain confident in their 2024 prospects due to their messaging on issues like the economy and Biden's unpopularity.