McConnell’s Senate money machine is moving to Thune as a new era begins


The top outgroup and financial boon to Senate Republicans, the Senate Leadership Fund (SLF)comes equipped with allies of Senate Minority Whip John Thune, R-S.D., as he prepares to take on the Republican Party’s top role in 2025.

The SLF was built by those who aligned themselves with the outgoing Republicans Senate Majority Leader Mitch McConnellR-Ky., and quickly became a huge resource for the Senate GOP and its candidates in key races across the country.

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Mitch McConnell, John Thune

Mitch McConnell’s fundraising apparatus passes into the hands of John Thune’s allies. (Reuters)

Former Colorado Senator Cory Garder will become chairman of SLF’s board, a source confirmed to Fox News Digital, and is expected to be involved in finding a replacement for SLF president and CEO Steven Law, who resigned after the leadership race in the Senate announced that he was resigning, following McConnell’s lead.

Thune’s leaders are outside political operation, Johnny DeStefano and Paula Dukes, are also expected to be involved in the search.

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Cory Gardner

Senator Cory Gardner (Reuters)

“Cory understands the complexities of midterm elections and modern campaigns, and he knows firsthand the importance of working closely with President Trump and his team to defeat Democrats,” DeStefano said in a statement to Fox News Digital .

This will be the first time since the group’s creation during McConnell’s time as leader that it will see new leadership and possibly operate differently, with a new Republican in charge of the Senate.

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Senator Mitch McConnell

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

McConnell and his allies were credited with building a vast donor network and boosting significant resources for Senate Republicans over the years. While Thune has built impressive fundraising this cycle, it is not yet clear whether he will be able to maintain it while serving as leader.

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John Thune

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The groups joining McConnell, SLF and sister group One Nation have raised $2.3 billion over the past decade. The groups raised $400 million in the 2022 Senate cycle and $420 million in the recent 2024 cycle.

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It will be up to Thune’s political operation to maintain this cash flow or learn to navigate GOP races with fewer resources if achieving McConnell-level fundraising proves too difficult.