Domenici sets NM fundraising record with massive haul

Nella Domenici is making waves as she strives to become the first Republican to win a Senate seat in New Mexico in over two decades. Her campaign has announced a record-breaking $2.9 million fundraising haul for the April-June second quarter of 2024, which they claim is “the largest fundraising quarter of any U.S. Senate candidate in New Mexico political history.”

This impressive sum was raised by Domenici’s Senate campaign and its associated joint fundraising committees, and the figures were shared exclusively with Fox News on Friday.

New Mexico hasn’t seen a Republican Senate victory since Sen. Pete Domenici, Nella’s father, was re-elected to his sixth term in 2002. Now, Nella Domenici is determined to end this long-standing losing streak for the GOP.

“The momentum is growing, the movement is building, and our state is ready for new leadership,” Domenici said in a statement. “New Mexico is at a tipping point and I’m grateful to all of those who are rallying behind our campaign to demand more for our state and our nation.”

Domenici’s latest fundraising total is more than double the $1.25 million she raised in the first quarter of 2024. Her campaign also reported having over $2 million in cash on hand at the beginning of July.

Using her strong political brand and name recognition, Domenici is challenging Democrat Sen. Martin Heinrich, who is seeking his third six-year term. Heinrich raised $1.5 million in the first quarter of the year but has yet to announce his second-quarter fundraising results.

Domenici is leveraging her extensive experience in the finance industry, having held significant positions at Bridgewater Associates, Credit Suisse, and Citadel Investment Group, to bolster her campaign against Heinrich.

In recent years, New Mexico has shifted from a battleground state to a more reliably blue state. Heinrich won re-election in 2018 by over 30 points, and Joe Biden carried the state by 11 points in 2020.

However, the political climate may be shifting. Following Biden’s lackluster performance in a recent debate with 45th President Trump, there have been increasing calls within his own party for Biden to reconsider his re-election bid. This turmoil presents an opportunity for the GOP to make gains in New Mexico and other states.

Internal Democratic polling conducted after the debate suggests a tightening race in New Mexico, indicating a potentially competitive Senate race on the horizon. One leaked Democrat poll shows Trump is leading Biden by 0.5 percent in the Land of Enchantment.

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