Show Us The Money

Alex De Paula, a Republican who sought Virginia's Class II U.S. Senate seat, raised $5,675 in total receipts before ending his campaign. He spent $4,000, all of it on operating expenditures, and closed his last reporting period on March 31 with $1,675 in cash on hand and $5,500 in outstanding debt. De Paula withdrew ahead of the Aug. 4 Republican primary, and his committee has since terminated.

Contributors

Almost none of that money came from voters. De Paula contributed $175 in individual contributions, every dollar of it unitemized, meaning no single donor gave enough to trigger disclosure. The remaining $5,500 was a loan from De Paula himself, which is also the $5,500 the committee still owes. PACs gave nothing. Party committees gave nothing. Other campaigns transferred nothing. Roughly 97% of the campaign's money was the candidate's own.

Candidate Rankings

De Paula finished last among the Republicans who filed in this race. As of March 31, Bert Mizusawa, a retired Army major general, led the field with about $192,000 raised, followed by Kim Farington, a certified public accountant and former federal financial officer, at roughly $126,000. David Williams, a Marine Corps Reserve colonel, reported about $51,000. Bryce Reeves, a state senator who also left the race, raised about $106,000. De Paula's $5,675 amounts to less than 3% of what the leader brought in.

Incumbents vs. Challengers

The gap between the two sides of this race is not close. Mark Warner, the three-term Democratic incumbent, raised $17,889,335 in total receipts for the 2025–2026 cycle, covering Jan. 1, 2025 through July 15, and reported $16,114,725 in cash on hand with no debt. Warner's cash on hand alone is more than 80 times what the entire remaining Republican field has raised combined. He faces no primary opposition; the Democratic primary was canceled, and he advances to November without appearing on a ballot.

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