President Donald Trump has kept most of MAGA Inc., his super PAC, on the sidelines as early voting approaches in competitive midterm races. The committee had more than $400 million available as of July 31, but Republican leaders increasingly believe it is too late to deploy the money fully and suspect Trump wants to preserve much of it for his own purposes. His advisers have promised a surge after Labor Day, yet Republicans say MAGA Inc. has missed opportunities to reserve advertising at lower advance rates and define candidates before opinions harden. Trump must personally approve the spending and has not disclosed his plans. Possible uses discussed by people familiar with internal conversations include supporting a chosen successor, legal fees, postpresidential travel, events and his Miami presidential library, projected to cost at least $1 billion. The nonprofit Securing American Greatness has launched nationwide midterm ads with spending just under $1 million, while MAGA Inc. could focus future spending on streaming advertising, events and get-out-the-vote operations. Trump’s approval rating is in the mid-30 percent range in multiple polls, and Republicans face voter disappointment over persistent inflation and the Iran war. Democrats are outraising Republican campaigns individually, although Rep. Chris Pappas said Democrats expect to be outspent by Republican-aligned groups, including Elon Musk’s America PAC, which has begun advertising in Senate battlegrounds. Trump has said he will help Republicans through speeches and travel during the final 30 days before the elections, without specifying super PAC spending.