Story perspectives

Trump's PAC Raises Over $100 Million for Midterms

1/5/2026

Summary

Story summary

U.S. President Donald Trump’s MAGA Inc. super PAC raised over $100 million in the latter half of 2025, largely from wealthy donors seeking political favors.
The fundraising has pushed total to over $300 million ahead of the midterm elections.
Contributions included $12.5 million from Greg and Anna Brockman and $20 million from Crypto.com's parent company.
The fundraising plan includes funding a new White House ballroom and the nonprofit group Securing American Greatness.

History

Historical Context

The U.S. presidential campaign financing landscape has evolved significantly since the 2010 Supreme Court ruling in Citizens United v. FEC, which allowed unlimited corporate spending on elections. By 2016, candidates raised over $2.4 billion, with Hillary Clinton receiving $153 million from major donors. This trend continued into the 2020 elections, raising concerns about the influence of wealthy donors on democratic processes.

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Story summary

U.S. President Donald Trump’s MAGA Inc. super PAC raised over $100 million in the latter half of 2025, largely from wealthy donors seeking political favors.
The fundraising has pushed total to over $300 million ahead of the midterm elections.
Contributions included $12.5 million from Greg and Anna Brockman and $20 million from Crypto.com's parent company.
The fundraising plan includes funding a new White House ballroom and the nonprofit group Securing American Greatness.

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