Trump Hoards $234M for Midterms

President Donald Trump, though constitutionally barred from seeking reelection, is commanding the political fundraising arena with a financial arsenal that could reshape the landscape of Republican politics for years to come.

According to Federal Election Commission filings released late Thursday, the Trump-aligned super PAC, MAGA Inc., pulled in an extraordinary $177 million in the first half of 2025. His leadership PAC, Never Surrender, also contributed significantly to this momentum by raising an additional $28 million. Together, these entities reported a combined $234 million in cash on hand as of the end of June. Additionally, a separate joint fundraising committee holds another $12 million, much of which is expected to flow into Trump’s broader political operation.

This puts Trump in an unprecedented position: the most well-funded former president in American history, now operating as a political juggernaut with unmatched influence over the Republican Party. His ability to deploy vast sums of money across primaries and general election races means he can shape the future of the GOP from outside the Oval Office — perhaps more forcefully than from within.

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