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5.4
Trump and Musk Super PACs pour millions into US midterm races
Financial Times·US·1 day ago
Trump announced a $400-500 million allocation from his MAGA Inc. super PAC for the 2026 midterm elections, drawing on a war chest of roughly $1 billion. The move signals an aggressive spending push to influence congressional races, though the exact targeting and timing remain unspecified. This is a significant financial commitment that could reshape competitive districts.