Sen. Elizabeth Warren (D-Mass.) expressed optimism on Sunday that Democrats would win the November midterms despite the growing influence of “dark money.”
Anonymous Money Entering Elections?
Warren said in an X post that dark money groups have spent “record sums” in this year’s elections.
Roughly $1 billion in anonymous funds has shaped 2026 races, according to a New York Times analysis of ad data, filings and tax records. The report found that secret funding has influenced or is expected to influence “every major primary and battleground race.”
‘We Will Win in November’
Warren said that “grassroots” progressive candidates have succeeded despite the powerful influence of wealthy donors.
Notably, Abdul El-Sayed won Michigan’s Senate primary by narrowly defeating Rep. Haley Stevens (D-MI) by less than one percentage point.
El-Sayed’s “grassroots” campaign reportedly drove record turnout in the Democratic primary, while other reports suggested he overcame more than $60 million in opposition spending and assembled a 12,000-strong volunteer network.
“Grassroots power still matters. And we will in November,” Warren said.
The senior Democrat had earlier targeted groups tied to AI, cryptocurrency and the American Israel Public Affairs Committee for spending millions to influence the selection of congressional representatives.
What Do Crypto Punters Think?
Meanwhile, Polygon (CRYPTO: POL)-based Polymarket currently prices in a 61% chance that the Dems take control of both the House and Senate, up from 49% a month ago.
Democrats were the frontrunners to take control of the House, with 91% odds. The Senate race was closer, with the blue party holding a 61% chance of reclaiming control.
The Republicans currently controls both the House and the Senate. The midterm elections are scheduled for Nov. 3.
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