US Sen. Dan Sullivan’s reelection campaign is gathering significant financial momentum ahead of Alaska’s 2026 Senate race. According to his latest Federal Election Commission report, Sullivan now holds more than $3.9 million in cash on hand after raising $2,202,863 since January. His second-quarter fundraising haul totaled $1.4 million, positioning him well for what appears to be a low-threat election cycle.
Sullivan, a two-term Republican senator, is seeking his third six-year term in 2026.
His last race, in 2020, saw him win decisively with 52.8% of the vote against Democrat-backed independent Al Gross, who garnered 40.1%, and Alaskan Independence Party candidate John Wayne Howe, who pulled in 4.7%. The election occurred before ranked-choice voting was implemented in Alaska, but Sullivan’s victory exceeded 50%, meaning he would have won outright in the first round of counting regardless of the system. His final margin of victory, 12.7%, surpassed many of the pretend-neutral pre-election polls, which had suggested a closer contest.
With just over a year before the primary filing deadline, the Democratic Party has yet to produce a serious challenger. Three prominent election forecasters — Cook Political Report, Inside Elections, and Sabato’s Crystal Ball — currently rate the 2026 Alaska Senate race as “Solid Republican.” Another outlet, Race to the WH, assigns Sullivan a 74% chance of defeating a generic Democratic opponent.
Behind the scenes, Senate Minority Leader Chuck Schumer is reportedly urging former US Rep. Mary Peltola to enter the race. Peltola has not declared any intentions publicly, but her recent campaign filings indicate she continues to raise money while out of office. Must Read Alaska recently reported on Peltola’s FEC disclosures, highlighting her national fundraising efforts and the fact that she sold out her donors by hawking their donor information to a political company based in Nebraska.
Sullivan’s growing campaign war chest and the absence of a clear Democratic challenger underscore his strong standing going into 2026, in a state that has leaned Republican in recent cycles.
So who’s his AIPAC babysitter?
As the Valley starts to lose services as a result of the “Big Beautiful Bill”, prices climb for everything due to the fake tariff wars, and no new oil wells are drilled it might not matter how much cash he has to advertise all of his “successes”?