New York GOP campaign coffers flounder without cash cow Kevin McCarthy: report

A surprise result of Rep. Kevin McCarthy's (R-CA) speakership ouster that has hit New York Republicans hard could threaten conservatives' hold on the House of Representatives in 2024, reported Politico on Monday.

McCarthy's success as a party fundraiser has meant major losses for New York Republicans, according to Politico's number crunch of campaign finance records.

While McCarthy-associated committees raised more than $1.8 million for Reps. Anthony D’Esposito, Mike Lawler, Marc Molinaro, Brandon Williams and Nick LaLota, Johnson-affiliated groups brought in just $12,000, according to the Politico report.

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“Losing McCarthy is obviously a setback for our fundraising; it’s like losing a hall of famer in that category,” LaLota said in a recent interview, adding that, “there are multiple all-stars looking to step up.”

McCarthy's campaign raised more than 20 times that of his successor, House Speaker Mike Johnson (R-LA) for the 2022 and 2024 cycles thus far, despite both representing unchallenged Republican districts, according to the report.

This lack of campaign cash could prove problematic in 2024 when the House Majority will be up for grabs and seven New York incumbents face competitive races, Politico reports.

Writes Emily Ngo, "New York could decide which party has the House majority in 2025."

D’Esposito, Lawler, Molinaro and Williams will likely need big bucks to claim second terms, Politico reports, and what impact Rep. George Santos' recent scandals and Johnson's extremism will have on state swing voters remains unclear.

The 2024 race could be further complicated should New York Democrats convince the state Court of Appeals to redraw the congressional map that gerrymanders Republicans into more challenging seats, the report concludes.