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Trump Boasts of Over $1.5B in Political Funds
How Trump chooses to spend his massive war chest could reshape the 2022 midterms and 2028 race
Published on Feb. 13, 2026
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Former President Donald Trump has claimed to have raised over $1.5 billion in political funds since the 2024 election, a staggering sum that could allow him to wield significant influence over the 2022 midterm elections and the 2028 presidential race. The money is being collected by various groups not required to file regular financial disclosures, making the exact total difficult to pin down. However, the massive war chest dwarfs the fundraising of his predecessors and could be used to help or hurt Republican candidates, as well as potentially fund his own future political ambitions.
Why it matters
Trump's massive political war chest represents an unprecedented level of resources that could allow him to reshape the Republican party and the political landscape for years to come. The funds give him outsized influence heading into the 2022 midterms, where he has threatened to target Republicans who have opposed his agenda. It also raises questions about how he may choose to wield this money, including potential efforts to funnel funds to his own businesses or use it to maintain political relevance even as a former president.
The details
Trump has claimed to have raised over $1.5 billion in political funds since the 2024 election, a figure that is roughly equal to what he and outside groups spent on his successful 2024 reelection bid. In comparison, the various groups supporting President Biden raised only about $97 million during Biden's first year in office. Much of Trump's war chest comes from the MAGA Inc. super PAC, which raised over $100 million in the last six months of 2025 and entered 2026 with more than $300 million. There is also a constellation of pro-Trump nonprofits that are only required to release limited financial information. This makes it difficult to track exactly where the funds are coming from and how they are being spent.
- Trump announced the $1.5 billion fundraising figure on social media shortly after the 2024 election.
- MAGA Inc. raised over $100 million in the last six months of 2025.
The players
Donald Trump
The former president who has amassed a massive $1.5 billion political war chest that he could use to influence the 2022 midterms and the 2028 presidential race.
MAGA Inc.
A pro-Trump super PAC that has raised over $100 million in the last six months of 2025 and entered 2026 with more than $300 million.
Republican National Committee
The Republican Party's national organization, which reported raising $172 million in 2025.
Securing American Greatness
A pro-Trump nonprofit organization that is only required to release limited financial information.
Joe Biden
The current president, whose various political groups and the Democratic National Committee raised only about $97 million during his first year in office, a fraction of Trump's $1.5 billion.
What they’re saying
“One of the main reasons a lame-duck president might want to amass this much money is to maintain political relevance. Certainly he's been far more aggressive about this than any of his predecessors.”
— Daniel Weiner, Former Federal Election Commission attorney and current director of the Brennan Center's Elections and Government Program
“Because there are virtually no restrictions on what super PAC money can be used for, it essentially can be operated as a slush fund at the disposal of whoever controls it.”
— Daniel Weiner, Former Federal Election Commission attorney and current director of the Brennan Center's Elections and Government Program
“Each of these wealthy individuals, corporations, they are ponying up for a purpose. What we're seeing with Trump's administration is just an unprecedented level of pay-to-play.”
— Saurav Ghosh, Federal campaign finance reform director at the Campaign Legal Center
What’s next
The extent to which Trump will open his political war chest to influence the 2022 midterm elections remains to be seen. He has threatened to target Republicans who have opposed his agenda, but has not always followed through on such threats in the past.
The takeaway
Trump's massive $1.5 billion political war chest represents an unprecedented level of resources that could allow him to reshape the Republican party and the political landscape for years to come. The funds give him outsized influence heading into the 2022 midterms, raising concerns about the potential for pay-to-play and the use of political donations to enrich his own businesses.
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