Does the GOP Have a Fundraising Problem? The Democratic National Committee (DNC) towered over its Republican counterpart for May fundraising, indicating an intense political fight as the 2022 midterms are approaching. The Democratic National Committee (DNC) towered over its Republican counterpart for May fundraising, indicating an intense political fight as the 2022 midterms are approaching. The DNC raked in more than $12.1 million in May, according to the committee’s SEC filing, reaching its highest off-year May fundraising ever. The Republican National Committee (RNC) hauled in roughly $11.1 million, which marks the committee’s best fundraising total for the May following a presidential election year. The findings were first reported by