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MAGA Inc. War Chest Tops $200 Million with Mega-Donor Backing

Advocates warn that reliance on million-dollar contributors under Citizens United creates a pay-to-play system.

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Overview

  • MAGA Inc. raised a record $200 million from last November to June, making it the largest super PAC haul for a sitting president barred by the 22nd Amendment from seeking a third term.
  • Ninety-six percent of contributions came from donors giving more than $1 million each.
  • Energy Transfer topped giving at $25 million, followed by investor Jeffrey Yass with $16 million and Foris Dax Inc. with $10 million.
  • Cryptocurrency interests donated $41.7 million and fossil fuel entities gave $26.8 million to the super PAC.
  • Advocacy groups argue that this influx of mega-donor money creates a pay-to-play dynamic that could let Trump wield unprecedented influence over Republican primaries and the 2026 midterm elections.