GOP pressed Commerce Sec. Lutnick after crypto PAC’s planned Texas move alarmed party leaders: Axios
The Block
Republican leaders contacted Commerce Secretary Howard Lutnick over concerns regarding a crypto super PAC's potential involvement in a contentious Texas primary race.Summary
Senior GOP officials reached out to Commerce Secretary Howard Lutnick following a filing that indicated Fellowship PAC, a crypto super PAC linked to Lutnick’s former firm Cantor Fitzgerald, planned to spend $1.75 million supporting Texas Attorney General Ken Paxton. Party leaders were concerned about the PAC’s intervention in a sensitive primary against Sen. John Cornyn. Reports later confirmed the planned ad spend did not materialize, and the PAC has not engaged in political advertising this cycle.
(Source：The Block)