Politics · 117th Congress
Crypto-linked super PACs boost spending on primary races
Ryan Salame, co-CEO of FTX Digital Markets, has funded his own super PAC, the American Dream Federal Action PAC.
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Ryan Salame, co-CEO of FTX Digital Markets, has funded his own super PAC, the American Dream Federal Action PAC.
Protect Our Future, a super PAC backed by cryptocurrency billionaire Sam Bankman-Fried, spent $2 million worth of ads praising McBath and $1.4 million supporting Crockett.
It’s just one sign of the group’s growing influence: Everytown for Gun Safety, its parent organization, and Giffords PAC, another gun control group, outspent the National Rifle Association this midterm
In addition, the organization announced it would team up with Color of Change PAC, the Service Employees International Union and Center for Community Change Action.
Capuano also had the backing of the Congressional Black Caucus PAC, and Massachusetts’s first African-American governor, Deval Patrick.
The total spending was reported earlier this week, but America First Action announced Friday the break down of exactly how much money the super PAC is committed to each House district.
But when it comes to making direct campaign contributions, J Street’s PAC tops the list for the 2018 cycle, with nearly $1.9 million so far this year.
The Democratic group House Majority PAC reserved $2.2 million in the Dallas-Fort Worth market in March.
She’s also backed by Giffords PAC, the organization co-founded by former Arizona Rep. Gabrielle Giffords, End Citizens United and the Congressional Black Caucus PAC.
The incumbent has locked up support from the Congressional Black Caucus PAC and has called in reinforcements from the likes of Georgia Rep. John Lewis, who campaigned with him in May.
“The Republicans tend to get very excited about this and then get over their skis,” said Chris Hayden, communications director for the Senate Majority PAC, which is trying to elect Democrats.
Republican super-PAC Congressional Leadership Fund claimed last week to have placed $50 million into broadcast advertising for the Fall, and Democratic committees surely will not fall behind this spending
Brad Ashford of Nebraska, who got the Blue Dog PAC endorsement in his race to reclaim a seat he lost in 2016 to GOP Rep.
Kirsten Gillibrand and Giffords PAC, the organization formed by former Arizona Rep. Gabrielle Giffords.
Hoyer, the Blue Dog PAC and the leader of the Congressional Black Caucus, as well as from Georgia politicos such as former Sen. Max Cleland and former Gov. Roy Barnes.
Hoyer has donated to his campaign, as has the moderate Blue Dog PAC. He’s backed by Louisiana Rep. Cedric L. Richmond, the chairman of the Congressional Black Caucus, former Georgia Sen.
A veteran of the Democratic Congressional Campaign Committee, Lapp is the founder and president of House Majority PAC.
The NRA’s PAC spent $14.5 million supporting 44 candidates who won their races, per OpenSecrets.org. But it spent more than double that — $34.5 million — against 19 candidates who lost.
Republican outside groups, namely the Congressional Leadership Fund — the super PAC backed by House GOP leadership — have committed to spending millions tying House Democrats and their recruits to Pelosi
Watch: Fundraising Reports Say a Lot About a Campaign [jwp-video n=”1″] Winning for Women’s PAC will give each endorsed candidate $5,000 and introduce each of them to its national member