Donor
Stephen Schwarzman
IndividualChairman & CEO, Blackstone · New York
16 reported gifts; 8 recipient groups listed, as reported to the FEC by the groups that received them.
Stephen Schwarzman gave $37M to super PACs and other outside groups in the 2026 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 5% were on the winning side ($987K won, $21M lost, with $1.2M in races still being counted). $1.8M had no matched result and is excluded.
Gave to outside spenders
$37M
98% of it helped Republicans
Winning share of scored dollars
5%
$22M scored (59% of gifts)
Spent on the losing side
$21M
$1.2M still being counted
Not allocated or result unknown
$14M
$12M not allocated to tracked outside spending; $1.8M has no matched result. Neither is cash on hand.
Where the checks went
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Senate Leadership Fund $7.2M not allocated to tracked outside spending | $20M | $487K / $12M | |
| MAGA Inc. $4.3M not allocated to tracked outside spending | $10M | $15K / $5.2M | |
| Pine Tree Results PAC | $4.0M | $0 / $2.6M | |
| Texans for a Conservative Majority $125K not allocated to tracked outside spending | $1.5M | $450K / $519K | |
| Congressional Leadership Fund $150K not allocated to tracked outside spending | $1.0M | $2K / $810K | |
| The Sentinel Action Fund $256K not allocated to tracked outside spending | $500K | $32K / $211K | |
| NRSC $89K not allocated to tracked outside spending | $89K | $0 / $0 | |
| NRCC $44K not allocated to tracked outside spending | $44K | $0 / $0 |
The trail
What the money bought
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Troy Jackson | Maine Senate | Attacking | $4.0M | ✗ No |
| Sherrod Brown | Ohio Senate (special) | Attacking | $3.8M | ✗ No |
| Abdul El-Sayed | Michigan Senate | Attacking | $2.2M | ✗ No |
| Josh Turek | Iowa Senate | Attacking | $1.8M | ✗ No |
| Roy Cooper | North Carolina Senate | Attacking | $1.2M | ✗ No |
| Graham Platner | Maine Senate | Attacking | $867K | Unknown |
| James Talarico | Texas Senate | Attacking | $680K | ✗ No |
| Mary Peltola | Alaska Senate | Attacking | $666K | Counting |
| Chris Pappas | New Hampshire Senate | Attacking | $653K | ✗ No |
| Adam Hamilton | Kansas Senate | Attacking | $634K | ✗ No |
| Graham Platner | Maine Senate (primary) | Attacking | $525K | Unknown |
| Ken Paxton | Texas Senate (primary) | Attacking | $519K | ✗ No |
Individual as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Stephen Schwarzman spend on the 2026 elections, and did it win?
- Stephen Schwarzman gave $37M to super PACs and other outside groups in the 2026 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 5% were on the winning side ($987K won, $21M lost, with $1.2M in races still being counted). $1.8M had no matched result and is excluded.
- Which super PACs did Stephen Schwarzman fund in 2026?
- Senate Leadership Fund ($20M), MAGA Inc. ($10M), Pine Tree Results PAC ($4.0M), Texans for a Conservative Majority ($1.5M), Congressional Leadership Fund ($1.0M).
- Which candidates did Stephen Schwarzman's money end up backing or attacking in 2026?
- against Troy Jackson (Maine Senate, about $4.0M, lost); against Sherrod Brown (Ohio Senate (special), about $3.8M, lost); against Abdul El-Sayed (Michigan Senate, about $2.2M, lost). Amounts are the donor's share of each group's spending.