Business

MAGA Inc. enters September with US$415.8 million as midterm spending remains largely unseen

A new filing reported MAGA Inc.’s cash position as much of Donald Trump’s promised midterm-election spending had yet to surface publicly.

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Owen Mercer
Markets and Finance Editor
Published
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Source: CNBC · View original source
Donald Trump gestures while speaking beside microphones near an aircraft staircase.
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MAGA Inc. entered September with US$415.8 million, according to a new filing reported by CNBC, highlighting the scale of the political fundraising vehicle’s reported financial position.

The filing comes as much of Donald Trump’s promised spending on the US midterm elections has not yet appeared in publicly available disclosures.

The material does not specify the filing date, the reporting period, the amount spent, intended recipients or any expenditure schedule.

It also does not establish whether the US$415.8 million represents cash on hand, total assets or another financial measure, nor whether the balance was immediately available for campaign spending.

MAGA Inc. is associated with Trump and Republican midterm-election campaigning.

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