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Photo: Raw Story

Trump plans fundraising push to retain influence after midterm losses

President Donald Trump has told advisers he intends to keep raising money for his political operation after Republicans suffered major losses in the midterm elections, a plan that could help him maintain influence over the party as he enters his final years in office.

The fundraising could continue through MAGA Inc., his super PAC, or another organization. Trump could use the money to support allies and challenge Republican lawmakers who break with him, including in future election campaigns.

Democrats won control of both chambers of Congress, flipping at least seven Republican-held Senate seats. In Texas, Trump-backed Attorney General Ken Paxton defeated Sen. John Cornyn in a May runoff, but then lost the Senate race to Democratic state Rep. James Talarico. Talarico is the first Democrat to win a Texas Senate seat since 1988.

MAGA Inc. spent more than $400 million on the midterms, and had $164 million remaining on October 14. The amount left after election spending is unclear. The super PAC has raised about $450 million since 2025, with major donations from AI and cryptocurrency companies and donors such as Elon Musk.

The nonprofit Campaign Legal Center has accused MAGA Inc. of operating as a pay-for-play vehicle; the PAC has denied the allegation. With Democrats set to control Congress, possible investigations into donor influence could make fundraising more difficult. Donors may also shift their attention to the 2028 election.

Reported by Raw Story, The Daily Beast.

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