Trump to release political funds ahead of midterm elections; first aid package reportedly $30 million

U.S. President Donald Trump is reportedly preparing to release funds from his political action committee (PAC) to bolster Republican candidates facing challenging midterm election races. This decision comes as the president's approval ratings have faced pressure, partly due to the prolonged conflict in Iran.

CNN, citing two sources familiar with the matter, reported that Trump has given final approval for the financial support. The funds are intended to assist Republican candidates whose electoral prospects are considered uncertain. The network indicated that the initial disbursement of these funds is anticipated within the coming weeks.

The move signals a significant effort by the former president to influence the upcoming elections and support his party's candidates. The exact amount of the first disbursement has not been officially confirmed, but reports suggest it could be substantial, potentially around $30 million (42.6 billion Korean won).