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Trump Holds $400M Super PAC Cash, Risks GOP Losses

8/12/2026

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Story summary
  • U.S. President Donald Trump is withholding $400 million of super PAC cash, analyst David Pakman said.
  • Analyst David Pakman said the super PAC has spent only $2 to $3 million (about 1 percent) for Republican midterm candidates.
  • Analyst David Pakman said Trump’s endorsements caused Sen. Bill Cassidy (R-LA) to lose his primary.
  • Analyst David Pakman warned Republicans may lose the House and Senate seats and predicted Trump will hoard cash through 2028.