2024 GOP Contenders Reel in Major Campaign Cash

Sen. Ted Cruz – thanks in part to his vocal criticism of President Biden — and his backing of former President Trump’s bid to reverse the 2020 election results – brought in more than $5.3 million during the January-March first quarter (Q1) of fundraising this year.

The haul, first reported by Fox News, was divided between his reelection committee, his leadership political action committee, and a separate joint fundraising committee.

The conservative and polarizing senator from Texas, who has long had success with fundraising, isn’t up for re-election until 2024. But Cruz is considered a potential 2024 GOP presidential contender, and his fundraising figures going forward will be closely scrutinized as if he were in-cycle running for reelection.

“It’s a little bit too early to draw some longstanding conclusions about what this means for 2024 but obviously people are going to begin to start looking” at the fundraising figures, longtime Republican strategist Jim Merrill, a veteran of numerous GOP presidential campaigns, noted.

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