Despite their relentlessly negative coverage of President Trump and the Republicans, the corporate “news” media has largely failed to damage either. Not only does Trump enjoy a higher job approval rating among voters than did former President Obama at this point in his second term, but congressional Republicans are also viewed more favorably than their Democrat counterparts according to numerous polls.
Naysayers might retort that Republicans have spent years doubting the accuracy of polls. True enough. But for those who prefer more tangible evidence of the GOP’s ascendancy than public opinion surveys, the Republican Party is also clearly outperforming the Democratic Party in cash contributions and voter registrations – two other key metrics of party strength.
Money talks, to coin a phrase, so we will begin with the story of the latest Federal Election Commission (FEC) disclosures for each of the two parties. The Republican National Committee (RNC) had $72 million in reserves, according to an FEC report released on June 21, 2025. The Democratic National Committee (DNC), on the other hand, had a mere $15 million in cash reserves according to an FEC report released on the same day.
The RNC, having nearly five times as much cash on hand as the DNC, is a story in its own right. But according to The New York Times, it’s not just that the DNC is lagging the RNC – the party is now so broke that it may well need to borrow money to stay afloat:
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