All articles tagged with #pac
A new labor-backed PAC pledges $50 million to support Democratic candidates in key House battlegrounds, focusing on increasing voter turnout among young people and voters of color, with efforts modeled after successful campaigns in New York and targeting districts including Minnesota's 2nd congressional district.
The crypto industry has amassed a significant war chest, raising $109 million since the 2024 elections to support pro-crypto candidates and influence legislation, with major contributions from firms like Coinbase, Ripple, and Andreessen Horowitz, aiming to legitimize digital assets as mainstream financial products.
A new pro-Trump super PAC, FSD PAC, was launched to counter Elon Musk's political influence, especially his support for candidates and policies that may challenge Trump's grip on the GOP, amid tensions between Musk and the Republican party over political endorsements and potential party realignment.
A pro-Trump super PAC, Save America, has been transferring millions of dollars every month to former President Donald Trump's fund for paying his legal bills, which have ballooned since his indictment. The PAC, funded by MAGA Inc., has been bailing out Save America by paying it back, totaling $52.3 million since May. Trump's legal spending, tied to civil and criminal cases, has raised questions about the use of campaign finance money for personal expenses. The enormous legal bills have caused Trump to fall behind in 2024 campaign fundraising, putting pressure on the Republican National Committee to help him out of his legal jeopardy.
CNN political analyst Maggie Haberman reacts to the news that former President Donald Trump's PAC spent around $50 million on legal expenses, expressing doubt that Trump's supporters would mind funding his legal fights.
Former AEW International Champion PAC has been spotted backstage ahead of AEW Dynamite's Homecoming edition, sparking speculation about a potential return after being off television due to injuries. While this doesn't confirm his appearance on the show, fans are eager to see if he will make a comeback at Daily’s Place in Jacksonville, Florida.
Ripple, Coinbase, a16z, and other prominent cryptocurrency companies and investors have pledged a total of $78 million to support the Fairshake political action committee (PAC) in the upcoming 2024 US elections. The PAC aims to back pro-cryptocurrency candidates who support American crypto and blockchain innovation and responsible regulation. This move comes as the industry faces regulatory challenges and seeks to promote transparency, innovation, and a compliance-first approach. The coalition aims to raise funds to support the PAC and advocate for clear rules of the road to foster technological innovation and combat bad actors.
A top GOP strategist, Jeff Roe, has resigned from the PAC supporting Florida Governor Ron DeSantis' presidential campaign just weeks before the Iowa caucus. This comes after a series of departures and infighting within the PAC, including the firing of three top officials. The PAC, Never Back Down, has been responsible for funding DeSantis' advertising and field operations. Despite the resignation, the campaign expresses confidence in the PAC's ground game and field operation.
The political action committee supporting former President Donald Trump's 2024 campaign has paid a portion of the nearly $900,000 fee to an expert witness in Trump's New York civil fraud trial. The witness, NYU accounting professor Eli Bartov, denied any fraud by Trump and his co-defendants and stated that the compensation did not affect his testimony. This payment sheds light on the significant amount of money being spent on Trump's legal battles, which span civil and criminal courts across multiple states. The opposing party, lawyers for the New York Attorney General's office, may use the payment to undermine the expert's credibility in the $250 million fraud trial.
Former President Donald Trump's political action committee, Save America, paid over $152,000 to a private investigator, Sean Crowley, for work related to Trump's Manhattan court cases. The details of Crowley's work remain undisclosed, but it is believed to be related to both Trump's criminal case, where he pleaded not guilty to falsification of business records, and the civil case brought by writer E. Jean Carroll, in which a federal jury found Trump liable for sexual abuse and defamation. Trump's attorneys and the investigator have declined to provide further information.
Rep. Alexandria Ocasio-Cortez's political action committee, Courage to Change, donated $9,000 to the Climate Emergency Fund (CEF), an environmental organization that funds disruptive climate protest groups. The CEF finances far-left groups worldwide that undertake radical tactics to draw attention to climate change. The CEF's grantees include the U.K.-based Just Stop Oil, which has engaged in disruptive protests, including throwing tomato soup on a famous Vincent van Gogh painting. Ocasio-Cortez's donation to the CEF aligns with her position as a staunch environmental activist and Green New Deal champion.
A pro-Donald Trump advertisement paid for by the Make America Great Again Inc PAC attacks Florida Governor Ron DeSantis by referencing rumours that he eats pudding with his fingers. The ad accuses DeSantis of cutting Medicare, Social Security, and raising the retirement age. The ad falls in line with Trump's recent attacks on DeSantis, who is expected to announce his campaign for the 2024 presidency. MAGA Inc is a super PAC that can spend unlimited money on politics as long as it is independent of individual campaigns.
California Governor Gavin Newsom's new PAC, seeded with $10 million of his leftover campaign money, aims to help Democrats win in red states and districts across the country. However, some red-state Democrats are skeptical of Newsom's strategy, which focuses on culture-war contrasts between Democratic and Republican states and may not resonate well outside of California. While the cash infusion could help Democrats in conservative states, some worry that Newsom's brand of political prodding may not be the messaging red-state Democrats are looking for.