Trump announces $1.4 billion in his political war chest

President Donald Trump has a record $1.4 billion in his political war chest, his team confirmed on Monday.

The figure nearly matches the $1.45 billion his campaign and outside groups raised for the 2024 election, according to Open Secrets. The figure appears even more impressive as the campaign committee had a mere $9.8 million in cash on hand following the election.

The $1.4 billion sum would be a staggering amount on its own heading into the midterms and could signal that Trump has the strength to wage both aggressive primary challenges to disfavored Republicans and to boost competitive candidates on the national stage without much tradeoff.

Sen. Thom Tillis, R-N.C., a longtime critic of the president, announced this week that he would not seek reelection. Trump, meanwhile, has sought to back a primary challenge to Rep. Thomas Massie, R-Ky., a vocal budget hawk who has frequently opposed his favored legislation in the House.