Big Take Big Take

Texas Is Testing the Power of MAGA Inc.’s Money

Oct 7, 2026 · 16m

Summary

Bloomberg’s Big Take examines the highly competitive Texas Senate race between Ken Paxton and James Talarico, where Democrats aim to flip a key GOP stronghold. The episode analyzes how Trump’s massive super PAC spending and controversial campaign trail appearances are influencing voter turnout and Republican strategy. Hosts Sarah Holder, Julie Fine, and Josh Wingrove discuss the implications of a potential Democratic win for the Senate, highlighting the financial tradeoffs for Republicans and the symbolic significance of losing Texas.

Topics discussed

Introduction to the Texas Senate race Show overview and key questions Record-breaking spending in the race Why Ken Paxton is vulnerable despite Trump endorsement Vote splitting and the Libertarian candidate Paxton's impeachment history and Republican support Republican ads and the 'elephant in the room' James Tallarico's background and Joe Rogan boost Fundraising dynamics and Trump's PAC involvement The tradeoff of spending on Texas vs. other states Why Republicans cannot afford to pull out of Texas Texas as a bellwether for the midterm cycle Trump's defensive campaign strategy in red states Trump avoiding competitive districts and rally plans Trump's mixed messaging and mockery of Paxton Super PAC influence and campaign control issues Future of the MAGA Inc. super PAC funds Key states and races to watch in the coming weeks Stakes of losing the Senate for Trump's presidency Show outro and subscription call to action
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