Story perspectives

2025 Elections: New Jersey and Virginia Set Fundraising Records

7/29/2025

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Summary

Story summary

The 2025 gubernatorial elections in New Jersey and Virginia are projected to be the costliest to date, fueled by out-of-state donations.
Democratic candidates Abigail Spanberger and Mikie Sherrill are leading in fundraising efforts, with GOP candidates also receiving notable contributions.
Virginia's absence of donation limits complicates campaign finance tracking, while New Jersey's spending heavily favors Sherrill.
Significant contributions come from energy sector donors and dark money groups, highlighting increasing election spending by affluent interests.

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Story summary

The 2025 gubernatorial elections in New Jersey and Virginia are projected to be the costliest to date, fueled by out-of-state donations.
Democratic candidates Abigail Spanberger and Mikie Sherrill are leading in fundraising efforts, with GOP candidates also receiving notable contributions.
Virginia's absence of donation limits complicates campaign finance tracking, while New Jersey's spending heavily favors Sherrill.
Significant contributions come from energy sector donors and dark money groups, highlighting increasing election spending by affluent interests.