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October 12, 2023
Kevin McCarthy’s historic ouster spurs big money race for House leadership
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Several of Congress’ top Republican fundraisers are vying to be the next House speaker after Kevin McCarthy’s historic ouster.
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Incumbent politicians enjoy record reelection in an aging Congress
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Reelection in the Senate reached record highs in 2022 as incumbents’ mammoth financial advantage over challengers leads to an aging Congress.
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OpenSecrets Joins Call for Transparency in 2024 Presidential Election
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OpenSecrets joins over a dozen organizations from across the political spectrum to urge the campaigns of President Joe Biden and Republican presidential hopefuls to publicly report information about their top campaign fundraisers — often referred to as “bundlers” — on a regular basis ahead of the 2024 presidential election.
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OpenSecrets' Chart of the Week
Dive deeper into the data behind the headlines
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Rep. Kevin McCarthy (R-Calif.) made history last week as the first person that lawmakers have ever voted to oust from the House speaker’s office, igniting fierce competition among congressional fundraising titans to assume the mantle of leadership.
House Majority Leader Steve Scalise (R-La.) won the House GOP speakership nomination on Wednesday, paving the way for a floor vote to decide who will be the next Speaker of the House.
Judiciary Chair Jim Jordan (R-Ohio) was also a candidate for the nomination and some members of Congress — including Reps. Lauren Boebert (R-Colo.), Keith Self (R-Texas), and Marjorie Taylor Greene (R-Ga.) — say they still plan to vote for Jordan on the House floor.
McCarthy says he told his colleagues in Congress not to re-nominate him, according to multiple reports. But on Monday, the former speaker said he was willing to resume serving as speaker if enough of the Republicans are open to his reinstatement.
Democrats nominated House Minority Leader Rep. Hakeem Jeffries (D-N.Y.) to be the next House speaker but the move is largely a formality since the minority party lacks enough votes to pick the speaker.
Republican lawmakers have also been floating the names of some lesser-known contenders who have not gained as much national attention but are nevertheless major fundraisers and popular within the House Republican Conference.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
Watchdogs want more details about 2024 candidates’ bundlers (Politico) [[link removed]]
More than a dozen campaign finance and government watchdog groups are calling for greater transparency from almost every major presidential candidate about their campaigns’ biggest fundraisers.
Menendez indictment revives concerns over money and influence in politics (The Hill) [[link removed]]
Menendez’s campaign committee and leadership PAC have reported receiving more than $657,000 from lobbyists since his 2018 reelection, making him a top recipient of K Street contributions, according to federal campaign finance disclosures analyzed by the money-in-politics research group OpenSecrets.
The climate records of House speaker contenders (The Washington Post) [[link removed]]
The industry has been generous to Scalise. Although his seat is safe, he has been one of the top five House recipients of oil and gas campaign contributions since 2016. He has received more than $2.2 million from the fossil fuel industry since 1999, when he served in the Louisiana House of Representatives, according to OpenSecrets.
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