Senate Dem-aligned PAC raised more than $39M to open 2024

Senate Majority PAC, a group aligned with Majority Leader Chuck Schumer, raised $39.3 million in the first three months of 2024 — about $15 million more than its GOP counterpart.

The group ended March with $92 million in the bank, according to numbers shared first with POLITICO.

SMP is the largest Democratic outside group focused on Senate races. It will spend tens of millions of dollars to protect Democrats' narrow majority, facing a grueling map that includes three Democrats in states that former President Donald Trump carried. Republicans may need just one seat to gain control of the chamber.

The Senate Leadership Fund, a group aligned with Minority Leader Mitch McConnell, announced earlier this week it raised $24.4 million in the first quarter and ended March with $59.5 million in the bank.

“SMP continues to break records with our fundraising because Democrats are focused and motivated on holding the Senate,” SMP President JB Poersch said in a statement. “As out-of-touch, carpetbagging GOP candidates try and use their shady wealth to buy Senate seats across the map, these resources have never been more important."