'Panic' spreads through GOP as Trump hints he'll squander midterm 'superweapon'

Republican lawmakers and candidates are growing increasingly anxious in the lead up to the 2026 midterm elections as President Donald Trump continues to stay quiet on whether his super PAC, MAGA Inc., has any plans to use its $300 million was chest to help bolster Republicans at the ballot box.

“There is an expectation funds are coming soon,” said a GOP donor, speaking with Politico for its report published Saturday on the condition of anonymity. “Mild panic will set in soon if it doesn’t by early summer.”

Described by Forbes as a “midterm superweapon,” the Trump-aligned MAGA Inc. has $300 million in its coffers. But Republicans are growing increasingly worried that the president “may ultimately opt to hold back some of the money from the midterms and direct it to other purposes,” including “legacy building projects” or for his preferred GOP presidential candidate in 2028, Politico reported.

The growing “unease,” Politico reported, comes as the midterm outlook for Republicans has grown increasingly dire, with Democrats not only projected to take back control of the House, but possibly the Senate that was, until recently, “considered a bulwark” by Republicans.

“No answer is causing concerns for donors,” said a former Trump official, also speaking with Politico on the condition of anonymity. “Is Trump really committed to the midterms? Because if he were, he would spend his money first. He’s going to spend some, but most donors would be shocked if he spent 10% of it.”

Alex Pfeiffer, a spokesperson for MAGA Inc., dismissed Politico’s reporting when asked for comment.

“Politico and its unnamed, irrelevant sources don’t know what the hell they are talking about,” Pfeiffer told Politico. “We don’t disclose our battle plans through the press.”