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The Journal.

The Most Expensive Midterms Ever

20 min

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About this episode

The 2026 midterm cycle is the most expensive election in American history. At a time when huge sums of campaign money are flowing into races across the country, federal oversight has weakened. WSJ’s Maggie Severns explains where the influx of election cash is coming from and why the regulator charged with monitoring campaign funding is struggling to do its job. Ryan Knutson hosts. Further Listening: - Red, White and Who? The Swing Voters in South Texas - Red, White and Who? The Inflation Election Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Most Expensive Midterms Ever — The Journal.