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Sen. Susan Collins and Rep. Jared Golden both hold fundraising advantages over their opponents in two closely watched 2026 congressional races that are expected to draw an avalanche of outside spending.

Collins, a Republican, and Golden, a Democrat, occupy a similar place in their parties, often drawing criticism from both loyalists and opponents for their bipartisan voting records. Each race could be pivotal for control of Congress, where Republicans hold narrow majorities in both chambers in addition to the White House.

That means both are expected to draw a lot of outside spending.

In her quest for a sixth term, Collins raised $2.4 million in the last quarter that ended June 30 and had a cash balance of more than $5.2 million.

Sen. Susan Collins takes questions from media on a visit to Portsmouth Naval Shipyard in April. Collins will seek a sixth term in the election next year. (Derek Davis/Staff Photographer)

“We are confident that we will have the resources necessary to wage a vigorous race when the campaign begins in earnest next year,” said Amy Abbott, finance director for the Collins campaign.

Her reelection bid comes as she tries to navigate a second presidential term under Trump, whom she voted to impeach following the Jan. 6, 2021, riots at the U.S. Capitol. Collins has by turns bucked Trump and backed his priorities, leading to a complicated relationship with a president who demands loyalty.

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Collins broke with Trump twice in the last two weeks, voting against both his “One Big Beautiful Bill” and his proposal to slash $9 billion in funding for global health programs and public broadcasting.

But Trump has refrained from publicly criticizing Collins, who is the only Republican in Congress from New England and the only Republican seeking reelection in a state won by Democratic Vice President Kamala Harris in 2024.

This isn’t the first time Democrats have thought they had Collins on the ropes. In 2020, she was trailing in the polls against former Democratic House Speaker Sara Gideon in the wake of approving Brett Kavanaugh to the U.S. Supreme Court. But despite record spending — a combined $200 million — Collins ended up winning by 9 points, making her the only Republican to win in a state also won by former President Joe Biden.

So far, no big name Democrats have emerged to challenge Collins. National Democrats are urging Gov. Janet Mills to run, but she has been noncommittal.

Jordan Wood, a Bristol Democrat and a former chief of staff for U.S. Rep. Katie Porter, D-Calif., is mounting the most vigorous challenge to Collins. He has raised $1.6 million since entering the race on April 23 and reported a cash balance of $840,000 with $250,000 in debts and obligations.

“I am so grateful to the hardworking folks who gave what they could to my campaign because they believe it is time Maine had a senator who will fight corruption and stand up to bullies,” Wood said in a written statement, highlighting that he grew up in Lewiston.

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Phillip Rench, a former SpaceX engineer, only raised about $1,800 last quarter and had $34,000 in cash on hand.

The only other candidate in that race with fundraising totals available on Wednesday was Democrat Tucker Favreau, who had raised about $4,700.

U.S. Rep. Jared Golden, D-2nd District (Brianna Soukup/Staff Photographer)

Reports were not available for other registered candidates: Democrats David Costello (who was a long-shot challenger two years ago against Sen. Angus King), Natasha Alcala and Andrea LaFlamme; and Republicans Daniel Smeriglio and Carmen Calabrese.

In the 2nd Congressional District, Golden’s quarterly report was not available on the Federal Election Commission website Wednesday, but a spokesperson said he raised $820,000 last quarter and has $1 million in cash on hand.

“This is the best position we’ve ever been at this point in the cycle and we are proud that the Congressman continues to have such a deep well of support for what is always a competitive race,” campaign manager Jordan Kathleen Burns said in a written statement.

Golden is being challenged by Republican Paul LePage, who served two terms as governor but lost a bid for a third, non-consecutive term to Mills in 2022.

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Polls are showing that Golden will once again face another tight race in 2026. And political analysts have rated the race as a toss-up.

LePage has raised over $552,000 during his two months in the race and reported nearly $528,000 in cash on hand.

“I’m humbled by the support we’ve received in just a few short weeks,” LePage said in a written statement. “It’s incredibly heartening to see so many Mainers step up and stand with me in this new fight.”

Rep. Chellie Pingree, D-1st District, is also up for reelection this year. So far, Pingree has raised $149,000 for her reelection and reported a cash balance of $435,000.

Republican Ronald Russell, who lost to Pingree last year, is running again. He didn’t report any contributions, but he had nearly $12,500 in cash on hand.

Fundraising information was not available for three other registered Republicans: Andrew Piantidosi (who ran in last year’s primary), Joshua Duprey and Eric Small.

Randy Billings is a government watchdog and political reporter who has been the State House bureau chief since 2021. He was named the Maine Press Association’s Journalist of the Year in 2020. He joined...

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