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McConnell’s Senate money machine makes transition to Thune as new era begins

The Senate Leadership Fund (SLF), the largest outside group and financial boon for Senate Republicans, has the support of Senate Minority Whip John Thune, R.D., who is preparing to assume the top Republican role in 2025. people are joining.

SLF was founded by people aligned with outgoing Republican Senate Majority Leader Mitch McConnell (R-Ky.) and quickly became a major resource for Senate Republicans and their candidates in major races around the country.

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Mitch McConnell's fundraising organization is changing hands with John Thune's allies. (Reuters)

Sources confirmed to Fox News Digital that former Colorado Sen. Cory Garder will become chairman of the SLF Board of Directors, and SLF President and CEO (who announced his appointment after the Senate Majority Leader election) It is believed that he will be involved in the search for a successor to CEO Stephen Law. He will follow McConnell in resigning.

Johnny DeStefano and Paula Dukes, the leaders of Mr. Thune's foreign political activities, are also believed to be involved in the search.

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Cory Gardner

Senator Cory Gardner (Reuters)

“Corey understands the complexities of midterm elections and modern campaigning, and understands the importance of working with President Trump and his team to defeat Democrats,” DeStefano said in a statement provided to Fox News Digital. I know it firsthand.”

This is the first time since the group was founded when McConnell was its leader that it could be run differently, with new leadership and a new Republican in charge of the Senate. This will be the first time.

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Senator Mitch McConnell

Senator Mitch McConnell (Al Drago/Bloomberg via Getty Images)

Mr. McConnell and his allies are known for building a large donor network over the years and cultivating significant resources for Senate Republicans. Thun has managed to build an impressive fundraising base this cycle, but it remains to be seen whether he can maintain it while serving in a leadership role.

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John Thune

One senator said Thune was “adamant” in supporting Trump's policies as a leader. (Reuters)

Mr. McConnell's affiliated group, SLF, and sister group One Nation have raised $2.3 billion over the past decade. These groups raised $400 million during the 2022 Senate cycle and $420 million during the recent 2024 cycle.

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It will be up to Thune's political career to maintain this cash flow or learn how to navigate the Republican race with fewer resources if reaching McConnell-level fundraising becomes too difficult.

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