7 Power Donors Fuel Trump PAC’s $304M Midterm War Chest

A super PAC aligned with President Donald Trump has amassed more than $304 million in cash reserves, positioning it as one of the most powerful financial forces shaping this year’s midterm elections.

New filings released Friday show MAGA Inc., a Trump-aligned political action committee, has built an unprecedented war chest that can be deployed nationwide to support candidates backing the president’s America First agenda.

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Unmatched Fundraising Power
The massive stockpile underscores Trump’s continued dominance in political fundraising—despite being constitutionally barred from seeking another term. Since his return to the White House, individuals and corporations with business before the federal government have significantly increased their political giving.

Between July 1 and December 22 alone, MAGA Inc. raised roughly $102 million, according to Federal Election Commission records.

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Tech and AI Money Pour In
One of the most notable contributions came from Greg Brockman, co-founder of OpenAI, who donated $25 million—nearly one-quarter of the PAC’s late-year fundraising.

Trump has positioned himself as a strong ally of the artificial intelligence sector, recently signing an executive order aimed at blocking states from enforcing independent AI regulations. Industry leaders argue that fragmented rules could stifle innovation and U.S. competitiveness.

In a post on X, Brockman said his political engagement reflects support for policies that advance American innovation and praised the administration’s willingness to work directly with the AI community.

Major GOP Donors Join In
Other high-profile donors include:

• Stephen Schwarzman, CEO of Blackstone, who contributed $5 million

• Jared Isaacman, newly confirmed NASA administrator, who donated $1 million, bringing his total to $2 million

• Juul Labs, which gave $1 million

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Schwarzman also contributed to Trump’s proposed White House ballroom project, estimated by the president to cost up to $400 million.

PAC Responds
A spokesperson for MAGA Inc. credited Trump’s leadership for the fundraising surge, saying the resources will support candidates focused on border security, public safety, economic growth, and affordability.

The White House declined to comment directly on donor activity.

What It Means for the Midterms
With over $300 million ready for deployment, MAGA Inc. is expected to play a decisive role in congressional primaries and general election races nationwide. Political strategists say the scale of funding could tilt competitive districts and reshape the balance of power on Capitol Hill.

As the 2026 midterms approach, one thing is clear: Trump’s political influence remains financially unmatched, and the battle for Congress will be fought not just on the campaign trail—but with record-breaking sums behind the scenes.

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