Vice President Vance will take on the role of finance chair of the Republican National Committee (RNC) as the party looks to keep its congressional majorities in 2026.
The RNC announced the unprecedented move in a release on Tuesday, noting it’s the first time in the history of the GOP that the sitting vice president has served simultaneously as finance chair. Vance will replace Richard “Duke” Buchan III, who served as U.S. ambassador to Spain during the first Trump term and was named as finance chair at the end of 2021.
Trump has nominated Buchan to serve as ambassador to Morocco.
Vance said in a statement that he looks forward to working with RNC Chair Michael Whatley and Republican leaders to build the war chest necessary to win next November.
“Last year, President Trump won an historic election victory, taking back the White House and helping Republicans regain control of the Senate and retain control of the House,” Vance said. “But to fully enact the MAGA mandate and President Trump’s vision that voters demanded, we must keep and grow our Republican majorities in 2026.”
Trump said Vance will do a “fantastic job” as he knows how to win tough races.