Technology and cryptographic capital prepare for midterm elections: Co-founded by OpenAI, Trump's "ally" company has raised $300 million.
An election fundraising organization allied with US President Trump has accumulated nearly $300 million in funds by the arrival of 2026, in preparation for this year's mid-term elections.
According to a published document, a campaign funding organization allied with US President Trump has accumulated nearly $300 million in funds ahead of the 2026 elections to prepare for this year's midterm elections. The document submitted to the Federal Election Commission shows that the Super Political Action Committee - Make America Great Again Inc - reported raising about $102 million between July 1 and December 22.
Nearly half of the amount came from three donors. OpenAI President and co-founder Greg Brockman donated $25 million, while Foris DAX Inc, operator of the Crypto.com exchange, donated $20 million. Private equity investor Konstantin Sokolov donated $11 million. The document shows that significant donations from technology, cryptocurrency, energy, and defense-related interest groups also helped fund Trump.
This Super PAC can use these funds to influence the midterm elections in November, which are expected to serve as a national referendum on Trump's policies during his second term. According to the US Constitution, Trump cannot run for a third presidential term.
The Republican Party currently holds only a slim majority in both the House of Representatives and the Senate, making the upcoming elections crucial for controlling Congress. Since Trump returned to the White House in January last year, major US companies and wealthy individuals have been strengthening their ties with the Trump administration.
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