Mike Johnson
Rep. Mike Johnson surrounded by House Republicans speaks after being elected as the speaker nominee during a GOP conference meeting in the Longworth House Office Building on Capitol Hill on October 24, 2023 in Washington, DC.
  • On Wednesday, GOP Rep. Mike Johnson became the newest speaker of the House.
  • He's succeeding former Speakers Mike McCarthy and Nancy Pelosi, fundraising powerhouses.
  • Johnson, however, has never raised more than $1.3 million in any given election cycle.

During his tenure as a GOP leader, former House Speaker Kevin McCarthy was a highly efficient fundraiser, sending tens of millions of dollars each year to PACs supporting the Republican Party and his own campaign. Now, with new Speaker Mike Johnson at the helm, the party may grapple for some time with how opposite Johnson is from his predecessor.