The Lincoln Project continues to enrich leaders as its co-founder wants $100 million more

Published January 19, 2026 12:11pm ET



After failing to prevent Donald Trump from winning the presidency for the second time in 2024, campaign finance records show that the Lincoln Project — a political committee founded by anti-Trump former Republicans — continued to route hundreds of thousands of dollars from its donors into firms owned by its leaders. 

Now, as the Lincoln Project grapples with its reputation for self-dealing, Steve Schmidt, one of the organization’s co-founders, is pushing the so-called Save America Movement — a campaign seeking to raise $100 million to defeat key Republican members of Congress in the midterm elections.

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