House Speaker Paul Ryan (R-Wis.) raised a total of $44.27 million for 2017, a record amount for a House leader in an off-year election cycle.
Of that total, more than $32 million was transferred to the National Republican Congressional Committee (NRCC) to support Republicans running for re-election during this year's midterms. It was also reported that the NRCC raised $85 million in 2017, $22.8 million more than the last off-year period in 2015 and the highest amount raised by the committee in an off-year period since 2003.
In addition to transferring a portion of his funds to the NRCC, Ryan also hosted nearly 50 fundraising events for members of the Republican caucus and offered $4.75 million directly to his colleagues' campaign accounts, according to a statement released by his team.
“This eye-popping number is a testament to Speaker Ryan, House Republicans, and the agenda that they led the fight on in 2017,” said Kevin Seifert, executive director of Team Ryan, the speaker's fundraising committee.
"From passing generational tax reform aimed at helping the middle class, to rolling back costly regulations and prioritizing economic growth, under the Speaker's leadership, the House Majority is working every day to give more money back to the American people and improve their lives.”
House Minority Leader Nancy Pelosi (D-Calif.) announced Monday that she raised $49.5 million for House Democrats in 2017, with $47.6 million of the funds raised going directly to the Democratic Congressional Campaign Committee; however, it has been noted in the past that Pelosi organizes her fundraising efforts differently from Ryan.
According to a 2016 report from the National Journal, Pelosi's fundraising total includes money she personally brings in for any given fundraiser.
The report also says that Pelosi includes funds raised through email solicitations in her fundraising total, while Ryan “does not include money from fundraising email blasts he sends on behalf of various candidates or for the NRCC in his total, though he does count online donations to his [joint fundraising committee].”
A Ryan aide told the Independent Journal Review that the speaker's fundraising numbers are verifiable when looking at the Federal Election Commission website, while there is no way to independently confirm Pelosi's reported haul.