Trump's super PAC amasses $300 million for midterms

President Donald Trump's primary super PAC, MAGA Inc., has reported raising over $102 million in the second half of 2025, leaving it with approximately $300 million in cash on hand as the 2026 midterms approach. The fundraising bolsters Republican efforts to maintain congressional majorities. The PAC's resources will support candidates aligned with Trump's America First agenda.

MAGA Inc., the main super PAC supporting President Donald Trump, disclosed in a Federal Election Commission filing this week that it raised more than $102 million from July to December 22, 2025. This influx, combined with earlier fundraising and limited spending, positions the group with a substantial war chest for the upcoming midterm elections in November 2026.

The filing shows $294 million in cash on hand at year-end, though a MAGA Inc. spokesperson stated the figure reached $304 million. 'Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda of securing our border, keeping our streets safe, supercharging our economy, and making life more affordable for all Americans,' the organization said in a statement.

This sum does not include funds from other affiliated PACs, which continue to build Republican reserves nationwide. MAGA Inc., unbound by donation limits, attracted contributions from prominent GOP donors and leaders in tech sectors like artificial intelligence and cryptocurrency.

Notable donors included OpenAI President Greg Brockman, who gave $25 million, and Foris DAX Inc., the U.S. arm of Crypto.com, which contributed $20 million in the second half of the year on top of $10 million earlier in 2025. Private equity investor Konstantin Sokolov donated $11 million, while NASA Administrator Jared Isaacman provided $2 million total, including $1 million in the latter period.

The PAC's first independent expenditure of 2025 was $1.6 million to aid Rep. Matt Van Epps in a special election for Tennessee's 7th Congressional District. Van Epps defeated Democrat Aftyn Behn in the race, held in a district Trump carried by 22 points in 2024. This early spending highlights the group's intent to influence key races ahead of the midterms.

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