The Squad Victory Fund, a joint fundraising committee for four progressive House Democrats, has amassed a record $2.35 million in the current election cycle. The committee explicitly rejects donations from several sources, including the Fraternal Order of Police, as revealed in federal documents and the committee’s own disclosures.
This fundraising initiative is authorized by Representatives Alexandria Ocasio-Cortez (D-N.Y.), Ilhan Omar (D-Minn.), Ayanna Pressley (D-Mass.), and Rashida Tlaib (D-Mich.). These lawmakers and their affiliated groups use the fund as a collective platform to manage and distribute campaign contributions efficiently.
“Squad” members Tlaib, Omar, and Ocasio-Cortez are pictured in various events.
According to its terms, the Squad Victory Fund does not accept contributions from the Fraternal Order of Police, corporations, federal lobbyists, or fossil fuel interests. The decision to exclude the FOP, the country’s largest police organization, is not detailed in the documents.
The fund includes participation from four allied Political Action Committees (PACs). Typically, contributions are split evenly among the eight entities involved, each receiving 12.5%. However, donors can specify their gifts for a particular participant.
During the 2025–2026 election cycle, the fund has collected $2,351,388.02, marking its highest total ever, as detailed in its Federal Election Commission (FEC) summary.
Rep. Alexandria Ocasio-Cortez leaves after a voting session at the U.S. Capitol in Washington, D.C., on July 22, 2026.
As of March 31, 2026, the fund reported expenditures of about $1.6 million with approximately $68,000 in cash on hand. These figures are subject to change, as the committee continues its activities.
The contributions to this fund are not tax-deductible, as noted in their disclosures.
Amanda Macias reports on how business, economics, and political policy decisions affect markets, businesses, and American workers.

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