An incumbent president’s party usually loses seats in the House and Senate during midterm elections, but President Donald Trump is sitting on a $375 million political war chest that Republicans believe could blunt — or even upend— that pattern if he spends it aggressively.
Trump’s fundraising committees and allied PACs have stockpiled the massive sum as of the end of 2025, according to campaign finance records. The amount dwarfs that on hand by Democrats, who remain leaderless and rudderless ahead of the 2026 elections.
Yet, money only matters if Trump chooses to deploy it, something the president has been criticized for not doing for GOP candidates in the past. Last year, there were even questions regarding whether Trump planned to endorse the 2025 Virginia GOP gubernatorial
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