Money Grab/Charge for access to the president
Trump’s super PAC MAGA Inc. holds more than $400M at mid-2026
MAGA Inc. is the super PAC that raises unlimited money for Trump, who cannot run again. Its mid-year 2026 FEC report showed more than $400 million in cash on hand at June 30, 2026; by the end of July the balance was about $404 million and it had spent nothing to help candidates.
What happened
MAGA Inc., FEC committee C00825851, is a super PAC that can take unlimited money from companies and individuals and spend it in support of Trump and his allies. Trump cannot run again, so it functions as a standing fund that donors pay into while they have business before his government.
Its FEC report for the first half of 2026 showed more than $400 million in the bank at June 30, 2026, after it raised almost $100 million in the first half of the year. That was the largest balance of any federal committee, more than the Republican National Committee’s. In July it took in about $3 million more and spent nothing on candidates, ending the month at about $404 million.
Saber Healthcare and other nursing-home operators, Reynolds American, the Moroun family and Crypto.com all gave to this committee. Each of those gifts is itemized in its own entry in the record. This is the parent entry, and its balance is not summed with them.
Who benefited
Trump’s political operation controls the money and spends it at its discretion. The donors got what their own entries describe: a nursing-home staffing rule repealed, flavored vapes approved, a rival bridge held up, an SEC case dropped.
Who wanted something
The donors in each case had a regulator’s decision pending when they gave. A contribution to MAGA Inc. is legal and public: the FEC filings show the money arriving, and the Federal Register or the agency’s docket shows the decision following.
Who lost out
Nursing-home residents would have had a nurse on site around the clock, the FDA’s vape limits were written for teenagers, and Michigan drivers waited on a finished bridge. The record also marks the ordinary rule that a company’s standing with its regulator should not depend on what it gave the president’s committee.
Why it matters
One account, holding more than $400 million, received the money in each of those cases. Without it, the nursing-home revocation and the vape approval look like separate stories. With it, they are the same transaction with different buyers, and the receipts are public FEC filings.
Sources Federal Election Commission (primary)Election Law Blog (summarizing Politico)Bloomberg GovernmentNewsweek