Texans for a Conservative Majority spent $35M on independent expenditures in the 2026 federal elections, and 85% of it helped Democrats (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 56% ended up on the winning side ($17M won, $13M lost).
Outside spending
$35M
On the winning side
56%
$17M
On the losing side
$13M
Supporting vs attacking
15% / 85%
$5.3M for, $30M against
Follow the money
Who filled the envelope
Texans for a Conservative Majority reported $36M in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- John Nau IIIIndividual$7.9M (22%)
- Ohio Works Inc.Company / nonprofit$5.5M (15%)
- America Works Fund IncCompany / nonprofit$3.4M (9%)
- Leon Rachel CorpCompany / nonprofit$2.0M (6%)
- Condorcet Initiative CorpCompany / nonprofit$1.6M (4%)
- Stephen SchwarzmanIndividual$1.5M (4%)
- Ardleigh Impact CorpCompany / nonprofit$1.3M (3%)
- Energy Transfer PartnersCompany / nonprofit$1.0M (3%)
- Trevor Rees-JonesIndividual$1.0M (3%)
- Anthony WoodIndividual$1.0M (3%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| Ken Paxton | Texas Senate (primary) | Attacking | $13M | ✗ No |
| Ken Paxton | Texas Senate | Attacking | $12M | ✓ Yes |
| Wesley Hunt | Texas Senate (primary) | Attacking | $5.1M | ✓ Yes |
| John Cornyn | Texas Senate (primary) | Supporting | $4.9M | Unknown |
| John Cornyn | Texas Senate | Supporting | $368K | Unknown |
Questions people ask
- How much did Texans for a Conservative Majority spend in 2026, and did it win?
- Texans for a Conservative Majority spent $35M on independent expenditures in the 2026 federal elections, and 85% of it helped Democrats (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 56% ended up on the winning side ($17M won, $13M lost).
- Who funds Texans for a Conservative Majority?
- Its biggest reported donors in the 2026 cycle were John Nau III ($7.9M), Ohio Works Inc. ($5.5M), America Works Fund Inc ($3.4M), Leon Rachel Corp ($2.0M), Condorcet Initiative Corp ($1.6M), out of $36M received from donors tracked here.
- Which candidates did Texans for a Conservative Majority spend the most on in 2026?
- against Ken Paxton (Texas Senate, $13M, lost); against Ken Paxton (Texas Senate, $12M, won); against Wesley Hunt (Texas Senate, $5.1M, won).