Trump Raises $500 Million from Donors

President-elect Donald Trump is amassing a large war chest, expecting to raise $500 million by summer 2025, despite being barred from running for office again. This influx of donations is intended to bolster his influence in his second term, support GOP allies in the 2026 midterms, and maintain party dominance. Major contributions are flowing into various funds, including his inauguration account, MAGA Inc., and the Republican National Committee, with significant support from industries such as finance, tech, and cryptocurrency. High-profile corporations and executives, including those from Amazon and Meta, are contributing millions, underscoring their continued interest in Trump's political sway. This fundraising surge marks a stark contrast to the post-January 6th period, where many donors had distanced themselves. Trump's strategy includes leveraging this financial power to aid allies and potentially punish opponents within the party.