Kevin McCarthy’s successful fundraising year was, in some part, due to the idea that he could become the next speaker of the House.
By Jake Sherman
01/20/16 – 05:18 AM EST
House Majority Leader Kevin McCarthy raised more than $11 million last year, a sum that places him near the top of the Republican fundraising pyramid on Capitol Hill, according to sources familiar with his operation.
Aside from former Speaker John Boehner and Paul Ryan, the 2015 haul makes McCarthy among the most prolific GOP fundraisers since the party took the majority in 2010, according to Republican aides familiar with party fundraising.
McCarthy’s successful fundraising year was, in some part, due to the idea that he could become the next speaker of the House. He dropped out of the race minutes before a closed-party election.
But since Ryan has said he will devote less time to fundraising than his predecessors, the party will increasingly look to McCarthy and other top Republicans to fill the void.
Last year’s effort shows that McCarthy is indeed a draw. He transferred a total of $3.9 million to the National Republican Congressional Committee, a large sum for the majority leader.
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