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Paul Ryan-backed PAC raises $15 million in first quarter of 2018

Paul Ryan and Mitch McConnell
House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell at the White House. Photo: Alex Wong / Getty Images

The Congressional Leadership Fund, a conservative super PAC linked to House Speaker Paul Ryan, announced Wednesday that they raised $15 million in the the first quarter of 2018 — a record for the PAC and up from the $1.3 million raised in Q1 of 2016, the previous election year.

State of play: Courtney Alexander, communications director of CLF and American Action Network, another conservative group tied to Ryan, told Axios that the group plans to place a high priority on raising money early on rather than waiting to raise and spend toward the end of the cycle. The aggressive approach so early on in the election cycle shows how competitive conservative groups expect the midterm elections to be and offers an inside look at how they plan to defend the Republican majority.