Schwarzman, OpenAI’s Brockman Boost $102 Million Trump War Chest

Jan. 2, 2026, 3:10 PM UTC

President Donald Trump’s super political action committee raised $102 million in the second half of 2025, fueled by eight-figure donations from artificial intelligence, cryptocurrency and finance industry figures, a tally that aims to boost Republicans’ efforts to retain control of Congress in crucial elections this year.

Three donors accounted for more than half of the fundraising haul for MAGA Inc., the super PAC arm of Trump’s sprawling political empire, since the start of July 2025. OpenAI Inc. President and co-founder Greg Brockman gave the group $25 million, with Foris DAX Inc., operator of the Crypto.com exchange, donating $20 million ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.