Trump quietly builds enormous war chest for mid-term elections

During the 2024 campaign season, there was literally more than $1 billion sitting on the sidelines waiting for someone to take over if Biden left the race.

The GOP did well fundraising, but it always seemed like they were lagging, even with Elon Musk dumping $290 million into the race, but that may not be the case for the 2026 midterms, as Trump has quietly put together a record-setting $1.4 billion to do battle.

Musk’s Millions

For years, the GOP has needed someone to counter George Soros, and in 2024, they found that person in Elon Musk.

Musk dropped more than $290 million, most of it being funneled through his PAC.

Even after the elections were over, Musk continued to write big checks, reportedly donating more than $11 million to Trump’s Super PAC.

I think it is safe to say that without Musk’s money, there is no way the GOP would have held the House.

Swing State Fears

I will be the first to tell you that I did not think there was any way the GOP would hold the House with all the nonsense that took place during the last term, but they did.

The 2026 mid-term elections are a new challenge, one that the incoming party to the White House usually loses.

When the Wisconsin Supreme Court refused to redraw congressional lines, it was a huge boost for the GOP, but there are still states that are going to be a problem for the GOP in 2026.

The biggest challenges for the GOP are swing seats where our incumbent is likely to seek higher office, those being: Rep. Mike Lawler (R-N.Y.) - Governor, Rep. John James (R-MI) - Governor, and Rep. Andy Barr (R-KY) - Senate. The sad reality is that both Lawler and James are leaving their seats for an election they have little chance of winning, especially Lawler.

Trump Sets Record

The good news is that Trump has a massive war chest in place to help the GOP do battle, and they are going to need every penny of it.

President Trump's senior advisor and National Finance Director, Meredith O'Rourke, stated, "After securing a historic victory in his re-election campaign in 2024, President Trump has continued to break records, including fundraising numbers that have positioned him to be an even more dominant force going into the midterms and beyond.”

Usually, you can deal with losing one chamber, even if it stalls out the agenda, but Trump losing either chamber is a major problem for him.

If he loses the House, he will likely be impeached again. If he loses the Senate, the Dems block his judicial appointments and set up the next Democrat president for a rout. As I have stated before, 2026 is not going to be easy, especially in the House, but having more than $1 billion to spend at least gives us a fighting chance.