The Most Expensive Midterms Ever

The 2026 midterm cycle is the most expensive election in American history. At a time when huge sums of campaign money (wsj.com/politics/policy/the-greenwich-billiona…) are flowing into races across the country (wsj.com/politics/elections/the-crew-of-virtual…), federal oversight has weakened. WSJ’s Maggie Severns (wsj.com/news/author/maggie-severns?mod=WSJ_TJPOD) 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 (wsj.com/news/author/ryan-knutson?mod=WSJ_TJPOD) hosts.

Further Listening:

- Red, White and Who? The Swing Voters in South Texas (open.spotify.com/episode/20ibVkVJL8hR0l8sNgIat…)

- Red, White and Who? The Inflation Election (open.spotify.com/episode/1NRuq1sslnlmoSuqWIAXp…)

Sign up for WSJ’s free What’s News newsletter (wsj.com/newsletters/whats-news?mod=WSJ_TJPOD).

Learn more about your ad choices. Visit megaphone.fm/adchoices