NC's likely next House Speaker has major fundraising haul

The intrigue: It also appears to be the highest amount ever raised in a non-election year by a lawmaker not at the helm of the House or Senate chambers, his team tells Axios.

Between the lines: Though Hall is up for re-election this year, he's expected to easily win his Republican-leaning district, which means he doesn't need to raise a significant amount of money to win.

• But legislative leaders tend to be major fundraisers, which in turn helps them keep their party in power. Hall's latest campaign finance report signals he's well-positioned to help Republicans get re-elected and maintain power in the House.
• "As our caucus prepares for a transition of leadership, it's important that we have unity and a common focus as we enter 2024," Hall said in a statement to Axios.

• "My goal was to help the caucus close 2023 in a strong position and start the new year in a strong cash position as we look to the elections. We've accomplished that goal and we are now laser-focused on adding to our supermajority in 2024."