Outside money
$8.4 million in outside money to elect her
Outside groups have spent about $8.4 million supporting Stefany Shaheen or attacking her opponents, according to FEC reports. The largest is New Leadership PAC, a super PAC based in Foxboro, Massachusetts. Most of its money went to knocking out her Democratic primary rival. See all FEC reports for her race.
| When | What New Leadership PAC spent on | Target | Amount |
|---|
| Aug. 26 – Sept. 4 | TV, digital and mail ads | Against Maura Sullivan, Democratic primary rival | $2,723,527 |
| Sept. 2 – 24 | Phone banking and TV ads | Supporting Stefany Shaheen | $326,016 |
| Sept. 15 – 24 | TV ads | Against Anthony DiLorenzo | $400,950 |
| Total | | NH-01 | $3,450,493 |
Source: FEC independent expenditure reports, New Leadership PAC, through Sept. 24, 2026. Ads reported in both 24-hour notices and monthly reports are counted once.
Where the money came from. As the anti-Sullivan ads began, a DC super PAC, New Engagement PAC, sent New Leadership PAC
$3 million (Aug. 25 and 31). New Engagement PAC's largest donor was LinkedIn co-founder
Reid Hoffman: $1 million on Aug. 13. It also took $870,000 on Aug. 27 from New Engagement Fund, a group that does not report its donors to the FEC. New Leadership PAC’s own donors include billionaire
Rob Hale ($100,000; Forbes 400) and
DK Crown Holdings, a DraftKings company ($250,000, its largest corporate check).
Sources: Hoffman contribution · New Engagement PAC transfers · New Leadership PAC donors (FEC) · Forbes 400 list (Boston Globe) · DraftKings subsidiaries (SEC)
Billionaires gave her campaign the legal maximum. Michael Bloomberg (New York), Illinois Gov.
JB Pritzker and
Amos Hostetter (Massachusetts; Forbes 400, $4.5 billion) each gave her campaign $7,000, the most the law allows. Barbara Hostetter gave another $7,000. Pritzker and Amos Hostetter also gave $100,000 each to Article One PAC, below. At the Oct. 19 debate she promised to roll back “the tax breaks for billionaires.”
Sources: FEC receipts for Bloomberg · Pritzker · Hostetter · Article One PAC donors
The second-largest: Article One PAC, $2.1 million. A Washington, DC super PAC formed in December 2025 spent $2,110,578 supporting her from June through the primary, its biggest single race so far. Most of its money, about $3.9 million of $4.9 million raised, came from three groups that don't report their own donors to the FEC: Article One Action Fund, Opportunity Forward Alliance and the Guzman Foundation. Its individual donors include Illinois Gov.
JB Pritzker ($100,000),
Amos Hostetter ($100,000),
Glen Tullman ($175,000) and
Laurence Tosi ($25,000). Each of the four also gave her campaign the legal maximum of $7,000. The records don't show which donors' money paid for the ads supporting her.
Sources: Article One PAC donors · Article One PAC spending · her campaign's donors (FEC)
Not yet disclosed: American Democracy Committee, $752,401. A DC super PAC registered in May 2026 spent $752,401 supporting her on Sept. 1–3, days before the primary. Its last report, through Aug. 31, showed no money raised. Who paid for those ads won't be public until its next FEC report.
(FEC)
She calls her opponent a “MAGA mega-donor working for corporate special interests.” Her own race is being lifted by millions from an out-of-state super PAC, with a billionaire’s $1 million behind its biggest donor.
(Stefany Shaheen, Facebook video, June 29, 2026)
Super PACs are legal and must operate independently of the candidate. Nothing here suggests the Shaheen campaign coordinated with them. New Leadership PAC and Article One PAC also spend in other races. Outside groups have also spent for DiLorenzo, including America PAC and MAGA Inc., far less than has been spent for her. Totals count each ad once, through mid-October 2026.