Trump's midterm election funding reserves increased to $550 million, with Marc Andreessen and Ben Horowitz each donating $3 million in March
With time still remaining until the U.S. midterm elections, Trump's super PAC raised $35.6 million in March, bringing its campaign fund reserves to $550 million, setting a record for presidential midterm election cycles. It is attempting to maintain the Republican majority in Congress amid a tough election battle.
According to Federal Election Commission documents, long-time Republican donor Diane Hendricks—who spoke at the Republican National Convention in 2024—contributed the majority of this month's fundraising, donating $25 million. Venture capitalists Marc Andreessen and Ben Horowitz each donated $3 million. The California-based tribal organization Yocha Dehe Wintun Nation donated $2 million. A subsidiary of prison operator GEO Group Inc. (a federal contractor whose clients include Immigration and Customs Enforcement) donated $1 million.
As a large influx of funds arrives, polls show that Trump's voter coalition for 2024 is fracturing. Historically, the party in power at the White House tends to lose House seats in midterm elections, and Democrats are increasingly seeing a path to reclaim the Senate.
You may also like
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
Trump, the best stock trader among U.S. presidents
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The cryptocurrency industry has become a traditional industry
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
