Cortez Masto starts 2021 with $3 million war chest

Sen. Catherine Cortez Masto (D-Nevada) raised more than $1 million in the last three months of 2020, mostly from individual donors, finishing the year with more than $3 million in the bank, according to a filing with the Federal Election Commission (FEC).

While her re-election is well over a year away—she’ll face voters in 2022—Cortez Masto’s seat is poised to be a top target for the GOP. She won the seat, left by former Sen. Harry Reid (D-NV), in 2016 by just over 2 percentage points by defeating former Rep. Joe Heck (R-NV). 

Cortez Masto’s war chest compares favorably to that of the two previous chairs of the Democratic Senatorial Campaign Committee (DSCC), the Senate Democrats’ campaign arm. Cortez Masto was appointed DSCC chair in November of 2018.

Sen. Chris Van Hollen (D-Maryland), who previously served as DSCC chair, finished the 2017 through 2018 filing period with more than $300,000 cash on hand, according to FEC documents. Sen. Jon Tester (D-Montana), who served as DSCC chair before Van Hollen, finished his two-year DSCC chair stint with $1.5 million in the bank. Tester also won re-election two years after serving as DSCC chair.  

Of the $1 million she raised in the fourth quarter of 2020, $980,000 came from individuals. 

The first Latina and second woman to head the DSCC, Cortez Masto helped flip the Senate to Democratic control with two runoff races last month in Georgia won by Democratic Sens. Jon Ossoff and Raphael Warnock and that unseated two incumbent Republicans. 

Cortez Masto also raised more than $2.4 million online for other Senate candidates in the 2020 cycle while serving as DSCC Chair —including nearly $800K for Ossoff and Warnock, according to the Nevada State Democratic Party.

Cortez Masto’s leadership PAC, All for Our Country, similar to the previous filing, is expected to report more than $200,000 cash on hand going into 2021 and raising more than $1 million over the two-year election cycle that ended last year. 

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