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Democratic U.S. Senate candidates Jon Ossoff and Raphael Warnock. Photo: Elijah Nouvelage/Getty Images

Georgia's U.S. Senate Democratic candidates Raphael Warnock and Jon Ossoff each raised more than $100 million in the last quarter of 2020, shattering fundraising records and eclipsing their Republican rivals in the race, new filings show, per the Federal Elections Commission and CNN.

Why it matters: The figures reflect the largest single-quarter totals by any candidate in U.S. Senate history, beating the $57 million South Carolina Democrat Jaime Harrison raised earlier this year during his failed bid for the Senate.

  • The large hauls reflect the intense national attention on Georgia's runoffs, which will determine which party controls the Senate.

By the numbers: Ossoff raised some $106.8 million between October 15 and December 16, while Warnock amassed $103 million.

  • Warnock's opponent, incumbent Sen. Kelly Loeffler (R), raised nearly $64 million, while Sen. David Perdue (R), who is running against Warnock, raised just over $68 million.

What to watch: Georgia's early voting starts with heavy turnout

Go deeper

Jan 22, 2021 - Economy & Business

Biden inauguration TV ratings top Trump's

Photo: Andrew Caballero-Reynolds/AFP via Getty Images

President Biden's swearing in and inaugural address drew nearly 40 million viewers, beating Trump's 38.35 million viewers in 2017, according to preliminary figures from Nielsen.

Details: CNN led the main cable and broadcast networks, followed by ABC, MSNBC, NBC and CBS. Fox News, which led ratings during almost every major presidential event in 2020, finished last.

Kaine, Collins' censure resolution seeks to bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.