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Trump Keeps $350 Million MAGA Inc. War Chest Largely Dormant as GOP Voices Alarm

The White House says spending will follow the president’s timeline, a delay that could weaken Republican messaging before the November midterms.

Overview

  • MAGA Inc. holds roughly $350 million but has made almost no direct race expenditures since March, when it gave $17,900.88 to Rep. Clay Fuller’s campaign, according to FEC filings reported by Politico and cited in current coverage.
  • FEC records show limited activity through the end of May, including a $560,000 transfer to MAGA KY and payments to consultants, which together leave the super PAC’s balance largely intact.
  • Republican candidates, donors and strategists have expressed growing frustration that the funds are not being deployed to buy ads or shape messaging as polls show elevated disapproval of President Trump and his policies.
  • A senior White House official told reporters that decisions on MAGA Inc. spending 'don't have to be made until after the convention,' signaling the president’s personal timetable could push major disbursements past Labor Day.
  • MAGA Inc. was launched in September 2022 and, because super PACs must disclose transactions to the FEC, the filings provide a clear trail that highlights the gap between the available cash and recent race-level spending.