A super PAC aligned with President Donald Trump has amassed a massive financial war chest as Republicans prepare for the 2026 midterm elections, according to newly filed federal campaign finance records.
MAGA Inc., the leading outside group backing Trump-aligned candidates, reported raising more than $102 million between July and late December 2025, pushing its available funds to $294 million as of December 22, according to filings with the Federal Election Commission. A spokesperson for the organization later said the group ended 2025 with $304 million on hand, reflecting additional late-year activity, Politico writes.
“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.
The scale of the group’s reserves underscores the financial advantage Republicans may wield as they seek to defend their congressional majorities in November, with outside spending expected to play a decisive role in competitive races nationwide. The reported totals do not include funds held by other Trump-affiliated committees, which have continued to attract significant donations of their own.
Despite its fundraising pace, MAGA Inc. spent relatively little during most of 2025. The group’s first notable deployment came in December, when it spent roughly $1.6 million on independent expenditures supporting Republican Matt Van Epps in a special election for Tennessee’s 7th Congressional District. Van Epps went on to defeat Democrat Aftyn Behn in a closely watched contest in a district Trump carried comfortably in 2024.
The super PAC’s donor base reflects both traditional Republican funding sources and newer money flowing from the technology and digital-asset sectors. Among the largest contributors were OpenAI co-founder and president Greg Brockman, who donated $25 million; Foris DAX Inc., which contributed $20 million after an earlier $10 million gift; private equity investor Konstantin Sokolov, who gave $11 million; and NASA Administrator Jared Isaacman, whose total contributions reached $2 million, including $1 million in the second half of 2025.
With no limits on individual contribution sizes, MAGA Inc. is positioned to remain a central force in Republican campaign strategy during the midterms, as voters assess the early results of Trump’s second-term agenda and both parties brace for a high-stakes fight over control of Congress.
