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NRSC chair Sen. Rick Scott. Photo by Ting Shen-Pool/Getty Images

Republicans' Senate campaign arm raised $8.3 million in January, the bulk of it after two Senate runoff contests early in the month, according to new fundraising numbers obtained by Axios.

Why it matters: Donor backlash against legislators, like National Republican Senatorial Committee chair Sen. Rick Scott, who voted to block certification of President Biden's victory last month, fueled concerns that Scott might be a fundraising albatross. These numbers suggest those fears were unfounded — at least for now.

Behind the scenes: Scott walked the GOP conference through the new numbers during their closed-door lunch on Tuesday.

  • Scott emphasized that the numbers were particularly strong online.
  • One of Scott's biggest focuses is ramping up online fundraising, both at the committee and in GOP campaigns, to compete with Democrats' ability to raise huge sums through small-dollar donations.

By the numbers: More than $6.8 million was raised after the Georgia special elections.

  • $4.24 million was raised online. The average online donation was $32.
  • More than 89,000 people donated, and 9,073 were first-time donors.
  • The committee has $17.2 million cash on hand total.
  • In January 2019, the NRSC raised $5.5 million and had $7.6 million cash on hand.

Go deeper

Feb 9, 2021 - Technology

Reddit raises $250 million at $6 billion valuation

Illustration: Aïda Amer/Axios

Reddit said Monday that it raised more than $250 million in Series E funding from existing and new investors. Sources say the company raised the new funding at a $6 billion pre-money valuation.

Why it matters: The company has doubled its valuation since its last funding round of $300 million at a $3 billion valuation in 2019.

45 mins ago - Science

COVID time warp

Illustration: Sarah Grillo/Axios

The start of the COVID-19 pandemic seems like a lifetime ago to some, and just yesterday to others. Scientists are beginning to unpack the way people processed the passage of time amidst the stress, uncertainty and isolation of the 1 year, 8 months and 21 days since WHO declared a pandemic.

Why it matters: The pandemic's global effects on how people experience time could provide new insights into the brain's ability to perceive and predict time — a fundamental feature of life.

Mitt Romney calls Ray Dalio's China investments a "sad moral lapse"

Sen. Mitt Romney walks to a Senate Republican caucus meeting at the Capitol on Oct. 7. Photo: Stefani Reynolds/Bloomberg via Getty Images

Sen. Mitt Romney (R-Utah) on Thursday criticized billionaire Ray Dalio's investments in China, writing in a tweet that "his feigned ignorance of China's horrific abuses and rationalization of complicit investments there is a sad moral lapse."

Driving the news: Romney's comments come after Dalio's firm, Bridgewater Associates, the largest hedge fund in the world, raised $1.3 billion in November for a new private fund in China, Bloomberg reports.