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Bloomberg puts another $36 million behind Democrats in final midterm spending surge

Michael Bloomberg
Michael Bloomberg

Michael Bloomberg has added nearly $36 million to Democratic House, Senate and gubernatorial campaigns, on top of $80 million announced last week, in a final push before the 3 November midterms.

Former New York City mayor Michael Bloomberg has put nearly $36 million more into Democratic campaigns in the final days before the United States midterm elections, according to a report by Politico on Friday, in a late surge aimed at erasing Republican financial advantages in competitive races.

The new spending comes on top of about $80 million Bloomberg announced last week for House, Senate and gubernatorial contests, taking his publicly reported midterm backing this cycle to roughly $116 million and making him one of the most important Democratic megadonors of the election.

Politico reported that the latest round was directed both at long-competitive seats, where Bloomberg's team wanted to close a Republican spending gap on television, and at reach seats where polling is close but little outside money has yet been spent.

The largest single piece, $16 million, went to House Majority PAC, the super PAC aligned with Democratic House leadership. Bloomberg's team said that money would fund streaming and television advertising in a string of House districts, including Colorado's 3rd and 5th districts, Florida's 7th, 9th, 13th and 27th, Nebraska's 1st, New York's 21st, Washington's 3rd and Wisconsin's 3rd.

A further $12 million went to Everytown for Gun Safety, the gun-control organisation Bloomberg co-founded, for House races. Politico reported that the Everytown-backed candidates included former volunteers with its Moms Demand Action network running in three of Iowa's four House seats and two in Michigan, as well as single districts in Florida, Pennsylvania and Arizona.

In statewide races, Bloomberg gave $2.5 million to Keisha Lance Bottoms, the Democratic candidate for governor in Georgia, and $750,000 to Gina Hinojosa, the Democratic candidate for governor in Texas. He also gave $2.5 million to James Talarico, the Democratic Senate candidate in Texas, and $2 million to Adam Hamilton, the Democratic Senate candidate in Kansas.

The Kansas contribution links the money race directly to one of the most watched Senate contests of the cycle, where Hamilton is challenging Republican incumbent Roger Marshall in a race that has become unexpectedly competitive. In Texas, Talarico's Senate bid is another high-profile contest where Democrats are trying to break through in a traditionally Republican state.

Bloomberg's senior adviser, Howard Wolfson, has previously said the goal is to help Democrats where the polling is tight and outside spending has been thin, rather than simply adding money to races already saturated with advertising. House Minority Leader Hakeem Jeffries has said he hopes Bloomberg's spending will help his party win back the House.

The surge underlines how expensive the 2026 midterms have become. Campaign advertising alone was already running into the billions of dollars by mid-October, according to tracking firm AdImpact, and billionaire donors on both sides have poured hundreds of millions into the contest, with Republican-aligned spending far ahead of Democratic-aligned spending overall.

Voters go to the polls on Tuesday, 3 November, with all 435 House seats and a third of the Senate at stake, along with governorships and state offices. Bloomberg's latest $36 million will be spent in the final four days, when late television and streaming advertising can still shift undecided voters in the closest districts and states.

United StatesMichael Bloombergmidterm electionsDemocratscampaign financeHouse Majority PAC
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