Trump is sitting on a $400 million war chest ahead of the midterms. But how will he spend it?

September 4, 2026 / 9:56 AM EDT / CBS News

With just two months to go before the midterm elections, President Trump is sitting on a $400 million war chest, according to Federal Election Commission filings, and fellow Republicans are wondering how he's going to start spending all that money.

This week, Securing American Greatness, a nonprofit with ties to Mr. Trump's super PAC, MAGA Inc., unveiled its first ad to air nationwide.

But the ad is focused on Mr. Trump instead of local congressional candidates.

And while the money has yet to flow out to candidates, the president says it will.

"I've raised a lot, and nobody knows what it is, but I will tell you it's about $850 million," Mr. Trump said before boarding Air Force One to fly to South Carolina on Aug. 21. "I'll be spending a lot of that money for — and my own money — but I'll be spending a lot of that money for candidates that I think are good, Republican candidates."

The president and his team cite recent political history — if he tells his base to show up, they do. So, he's trying to convince them to pretend he's on…

Original source: https://www.cbsnews.com/entertainment/