Bill Allison

President Donald Trump acquired at least seven-figure stakes in Meta Platforms Inc., McDonald’s Corp. and Microsoft Corp. and at least $1 million in SpaceX debt in August, continuing his unprecedented trading activity while in office.

His latest disclosure, published Thursday, Oct. 8 by the U.S. Office of Government Ethics, lists 517 transactions completed in August.

The super political action committee tied to House Speaker Mike Johnson said it raised $94.4 million in the third quarter and entered October with $155.2 million in cash on hand as it shifts money to more competitive races before next month’s midterm elections.

Billionaire Stephen Feinberg, the No. 2 Pentagon official, disclosed 2025 income of $65.6 million that he earned before he divested holdings in Cerberus Capital Management, the private equity firm he co-founded.

Powered by Elon Musk’s $178 million in donations, two Republican super political action committees raked in $367 million in the third quarter, adding to the prodigious financial advantage the GOP enjoys even as its odds for holding its House and Senate majorities grow longer.

President Donald Trump’s super political action committee unloaded $277 million from the start of September through the first two weeks of October to bolster Republican candidates in midterm election contests, while raking in another $25 million in fundraising.

Elon Musk’s move to spend millions of dollars to support Republican Ken Paxton in his US Senate race is opening up a potent line of attack about money in politics from Democratic challenger James Talarico.

With a fresh infusion of cash to his super political action committee in the first two weeks of October, Elon Musk has now given more than $445 million in the current election cycle and become one of the biggest-ever contributors to such groups.

With a net worth of $905.8 billion, the world’s richest person’s overlapping empire of companies is heavily exposed to regulation by federal agencies.

The GOP’s formidable money machine is allowing the party to spend heavily to play defense as Democrats have opened up the electoral map.