Trump’s $600 million war chest: How he plans to wield his power in the midterms and beyond
May 22, 2025
Between a barrage of executive orders, foreign trips and norm-shattering proclamations, President Donald Trump has also been busy raking in cash. The president now sits on a war chest of at least $600 million, according to three people familiar with the total. That’s an unprecedented sum in modern politics, particularly for a lame-duck president who is constitutionally barred from running again. And his goal is even more ambitious: To raise at least $1 billion this cycle, according to the people, who like others, spoke on condition of anonymity to share details of an operation that aims to raise as much as possible to help push through Trump’s agenda and hold the House and Senate next November.
