Vance to headline $250,000 Nantucket political dinner
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President Donald Trump and Vance have made a priority of attending a series of fundraisers around the country as they look to build up the GOP's finances for the 2026 midterms, when they will be defending majorities in both the House and the Senate.
Typically, the president's party loses congressional seats in the midterms. In 2018, in the middle of Trump's first term, the GOP lost 40 House seats and their majority. The recapture of the House by Democrats allowed the party to block Trump's legislative agenda while launching investigations of his administration.
Earlier: Vance Will Lead GOP Fundraising Efforts for Midterm Elections
The pricetag for the event shows how high Vance's political star has risen in a short time. He also attended a Nantucket fundraiser in 2022 hosted by Reynolds when he was running for Senate in Ohio. Tickets for that event were $2,500.
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Nantucket has a long history as a retreat for presidents and the ultra-rich. Former President Joe Biden spent Thanksgiving on the island while in office, staying at the home of Carlyle Group Inc. co-founder and Bloomberg contributor David Rubenstein.
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