Senate Majority PAC (SMP), an outside spending group affiliated with Senate Minority Leader Chuck Schumer, entered 2026 with a massive fundraising disadvantage compared to its GOP rival. SMP and its associated nonprofit groups reported raising $108 million in 2025, Punchbowl News first reported Thursday. The Thune-aligned fundraising powerhouse also ended 2025 with $100 million in the bank — roughly $25 million more than the SMP’s reported $75 million on hand. Collins, the only Senate Republican whose state former Vice President Kamala Harris carried in November 2024, has yet to officially launch her campaign for a sixth Senate term. Trump, who has frequently criticized Collins, said the Maine Republican and four other GOP senators should lose reelection after the group voted to rein in his war powers against Venezuela in January.