Campaign funds also play a critical, albeit often misunderstood, role in a politician's net worth. While McCain was famously associated with campaign finance reform and limiting the influence of money in politics, he maintained a network of political action committees (PACs) and leadership funds. Upon his retirement from the Senate in 2018, McCain transferred a significant portion of his campaign funds to a political action nonprofit, but in the years prior, this money served as a liquid asset. Senate leadership funds can be used for a wide variety of expenses, including travel, office expenses, and even contributions to other campaigns. While these funds are not "spent" in the traditional sense, they represent a pool of resources that contribute to a politician's overall financial flexibility and security.
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