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Ken Griffin Gives $5 Million to GOP in First Midterm Donation

Reported by News ·Bloomberg ·News
May 22, 2026· 2 min read
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Key Takeaways
  • • Ken Griffin, founder of Citadel and Citadel Securities, contributed $5 million to the Congressional Leadership Fund (CLF) on May 1, 2026, marking his first federal donation for the 2026 midterm election cycle, according to Federal Election Commission filings.
  • • The CLF super PAC, which supports Republican House candidates, has attracted major donations from prominent financial sector figures, including $5 million from Commerce Secretary Howard Lutnick (April 2026) and $2 million from Jeff Yass, billionaire founder of Susquehanna International Group.
  • • Griffin's donation reflects continued political engagement by the hedge fund industry leadership in the 2026 midterm races, consistent with his historical pattern as one of the largest GOP donors in recent election cycles.
Summary
Ken Griffin, the billionaire founder of hedge fund Citadel and market maker Citadel Securities, has initiated his contribution strategy for the 2026 midterm elections with a $5 million donation to the Congressional Leadership Fund, the primary super PAC supporting Republican House candidates. The contribution, made on May 1, 2026, was disclosed through Federal Election Commission filings and represents Griffin's entry into what is expected to be a significant donor cycle for the midterm races.

The Congressional Leadership Fund has become a focal point for major Republican donors in the financial services sector. In addition to Griffin's contribution, Commerce Secretary Howard Lutnick donated $5 million in April 2026, and Jeff Yass, the billionaire founder of Susquehanna International Group, contributed $2 million, according to FEC filings. These contributions underscore the alignment of major financial sector leaders with Republican House campaign efforts ahead of November 2026.

Griffin's participation in the 2026 midterm fundraising cycle continues a pattern established in previous election cycles, where he has emerged as one of the largest individual donors to GOP-aligned super PACs. His early donation timing and significant contribution amount suggest an expectation of competitive House races in the coming midterm election.

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