U.S. Senate (IA)

Open seat · 2026 cycle

Cook ratingLean R
CPVIR+6
2024 PresD 43%
PrimaryJun 2, 2026
GeneralNov 3, 2026
Next FECOct 15, 2026
59d
FEC filing deadline
Next catalyst · Oct 15, 2026
Josh TurekDem · ChallengerProfile →
Ashley HinsonGOP · ChallengerProfile →

Market

Kalshi
Josh Turek / Dem
44¢
bid 44 · ask 45
Ashley Hinson / GOP
56¢
bid 55 · ask 56
Josh Turek 44%Ashley Hinson 56%
Volume 754.6KOpen interest 171.9K

60-Second Primer

  1. 01This is an open seat race to replace a retiring senator in Iowa.
  2. 02Josh Turek is a Paralympic gold medalist and state legislator running as a pragmatic Democrat.
  3. 03Ashley Hinson is an establishment-backed Republican member of Congress running as a conservative populist.

Can they win this race

Despite a significant fundraising gap and a statewide history favoring Republicans by wide margins, Turek remains competitive because current polling indicates he is within striking distance of Hinson.

Evidence
  • Trial heatJosh Turek: Emerson College — D 45% / R 48%
  • National environmentNational environment — Trump approval in IA: -14% net (39% approve / 53% disapprove; Civiqs, Aug 2026, statewide)
  • MoneyAshley Hinson has raised $10,217,845 to Josh Turek's $6,276,527, while Ashley Hinson carries the higher-profile national endorsements.
  • Structural leanStructural lean (context): Cook Lean R, CPVI R+6, 2024 House R+12.96

Who's lining up behind each side

Hinson’s county-by-county infrastructure and deep ties to Republican leadership likely translate into more reliable, targeted turnout than Turek’s national-heavy support.

Evidence
  • Josh Turek holds endorsements from national leaders like Barack Obama and Tom Harkin alongside organizational backing from VoteVets.
  • Ashley Hinson has built deep local infrastructure, completing a 99-county tour and installing leadership teams across every Iowa county.
  • Hinson secured support from Donald Trump and Governor Kim Reynolds, while outside groups like AFP Action spent over $1.7 million on her behalf.

What could go wrong — both candidates

Hinson's contradiction between her donor base and her public rhetoric on healthcare is the most significant vulnerability because it targets her credibility with key rural voters.

Evidence
  • Ashley Hinson's receipt of over $717,000 from pharmaceutical and insurance sectors conflicts with her rhetoric on healthcare costs.
  • Josh Turek faced criticism for missing votes on significant abortion legislation during a debate.
  • Neither candidate has filed the NPAT policy questionnaire — positions unvetted beyond their own platforms.

Who fits the moment

Hinson’s profile is a stronger match for this seat because her ideology aligns with the state's recent history of Republican electoral victories.

Evidence
  • Pragmatic challenger Josh Turek targets moderate voters to overcome the 43 percent Democratic showing in the 2024 presidential election.
  • Conservative populist Ashley Hinson aligns with the America First agenda to maintain the base in a state where Republicans hold a clear advantage.

Money

Total raisedthis cycle
Ashley Hinson$10.2M
Josh Turek$6.3M
Cash on handmost recent filing
Ashley Hinson$6.7M
Josh Turek$2.4M
PAC money as a share of receipts
Josh Turek
PAC 6.0%Non-PAC 94.0%
Ashley Hinson
PAC 21.2%Non-PAC 78.8%
Who gives · itemized receipts by occupation
Josh Turek
NOT EMPLOYED: $1.4MNOT EMPLOYED$1.4MRETIRED: $243.7KRETIRED$243.7KATTORNEY: $144KATTORNEY$144KCONSULTANT: $89.2KCONSULTANT$89.2KCEO: $69.1KCEO$69.1K
Ashley Hinson
RETIRED: $2.2MRETIRED$2.2MNULL: $457.8KNULL$457.8KCEO: $373.7KCEO$373.7KPRESIDENT: $279KPRESIDENT$279KOWNER: $221KOWNER$221K

Head-to-Head

IssueJosh TurekAshley Hinson
Economy / taxessupportsprioritizes middle class, supports minimum wage increasesupportsprioritizes agricultural input costs and tax reductions
Healthcaresupportssupports public option, ACA subsidies, and Medicaid expansionmixedmixed record; supports transparency, opposes ACA subsidies/negotiation
Abortion / socialsupportssupports codifying Roe v. Wade into federal lawsupportspro-life, cosponsored Life at Conception Act
Democracy / electionsopposesrejects corporate PAC contributions, runs as underdogsupportssupports congressional term limits and stock trading bans
Immigration / bordermixedsupports border security and simplified path to citizenshipsupportssupports border security, deportations, and SAVE Act
Foreign policy / defenseopposesopposes forever wars, prioritizes domestic investmentsupportsopposes Iran nuclear program, cites political liability of conflict

Electoral History

CycleRaceDem %Rep %MarginTurnout
2024President4357R+1474.17
2024House43.2456.2R+12.9674.17
2022Governor39.5358.04R+18.5155.06
2022House43.4555.06
2020President45.754.3R+8.6

Conspectus analysis is produced from open-source information and reviewed against a systematic bias taxonomy. Nothing here is a trading recommendation. Ratings are analytical judgment, not political advocacy.