Trump is sitting on a $400 million war chest ahead of the midterms. But how will he spend it?

Updated on: September 4, 2026 / 3:28 PM EDT / CBS News

Trump is sitting on a $400 million war chest ahead of the midterms. But how will he spend it?

TL;DR

  • President Trump has a $400 million war chest ahead of the midterm elections.
  • The super PAC MAGA Inc., tied to Trump, released its first nationwide ad, which features Trump himself.
  • Trump stated he will spend a significant amount of money on candidates he believes are good Republicans.
  • Trump has urged his base to vote as if he were on the ballot.
  • MAGA Inc.'s most notable donation was $827,000 to Sen. Darline Graham's campaign.
  • Some Republican candidates in competitive races are choosing to campaign in their districts rather than attend a presidential-style midterm convention.
  • Vice President JD Vance is not concerned about candidates prioritizing district campaigning over convention attendance.