President Donald Trump says he is preparing to unleash hundreds of millions of dollars to help Republicans in the 2026 midterm elections, declaring that his political operation has roughly $800 million at its disposal.
Trump revealed his plans during an interview with Punchbowl News co-founder Jake Sherman released Friday, making clear that Republicans will receive financial support as they fight to maintain control of Congress.
Sherman asked Trump directly whether he planned to spend his enormous political war chest during the November elections.
“Are you going to spend that in the midterms?” Sherman asked, according to the interview.
Trump responded affirmatively, saying the money would be used to help Republican candidates as Election Day approaches.
The president’s commitment provides some clarity after weeks of questions about when his political operation would begin deploying its massive cash reserves into competitive congressional races.
MAGA Inc., the Trump-aligned super PAC at the center of the operation, reported more than $400 million in available funds at the end of June, according to Federal Election Commission filings reported by Reuters.
The enormous stockpile makes the group a potentially powerful force during the closing months of the midterm campaign, particularly as Republicans defend narrow congressional majorities.
Trump went considerably further than the publicly reported MAGA Inc. figure during his conversation with Sherman, saying his broader political operation has approximately $800 million available.
The distinction is significant. Public filings have documented MAGA Inc.’s roughly $400 million stockpile, while the larger $800 million figure represents Trump’s description of the resources controlled by his political operation.
MAGA Inc. entered 2026 with approximately $300 million before adding substantially to its reserves during the first half of the year.
The super PAC raised nearly $100 million during the year through June and finished that month with more than $400 million available, according to federal filings.
Several wealthy donors have helped build the massive reserve. Reuters reported that NASA Administrator Jared Isaacman contributed $1 million in June, while billionaire twins Tyler and Cameron Winklevoss contributed a combined $10 million.
Despite accumulating the enormous pile of cash, MAGA Inc.’s limited spending on congressional contests had generated frustration among some Republicans as the November elections moved closer.
The organization had spent relatively little directly supporting federal candidates, prompting questions about when Trump would authorize a larger midterm push.
MAGA Inc. previously spent nearly $18,000 supporting Rep. Clay Fuller’s House campaign in Georgia and later transferred $560,000 to MAGA KY, a separate organization that supported a primary challenge against Rep. Thomas Massie, R-Ky., according to Trending Politics.
The limited activity stood in stark contrast to the amount of money sitting in the Trump-aligned organization’s accounts.
Recent expenditures instead included operational expenses such as consulting, banking fees, online fundraising services and photography, according to the outlet.
Trump’s political team had repeatedly maintained that significant midterm spending was coming, while declining to publicly detail exactly when the money would be released or which races would receive assistance.
James Blair, who has helped coordinate Trump’s midterm political operation, previously said the president intended to spend substantial resources helping Republicans win in November.
The stakes are considerable for both parties. Republicans entered the election year holding narrow majorities in the House and Senate, putting control of Congress within reach for Democrats if they can flip enough competitive seats.
Trump’s announcement now provides Republicans with a potentially enormous financial weapon for the final stretch of the campaign.
If the president ultimately deploys anything approaching the $800 million figure he described, Trump’s political operation could become one of the most consequential outside forces shaping the battle for Congress in November.
