#super-pacs

#super-pacs

Sam Bankman-Fried's PAC spent $70 million on donations in 2022, and Fairshake, a super-PAC formed to support pro-crypto politicians, spent a whopping $245 million in 2024. In just a few years, their bipartisan donations helped reshape the Senate, with cash going to support swing-state Democrats like Ruben Gallego, who pledged to play ball with industry-friendly legislation, while stymieing the election of swing-state Democratic crypto skeptics like Sherrod Brown.

I got a little curious and did a little searching to see if I was in the files and unfortunately I am because one of Epstein's associates was a fan of my old show, The Colbert Report particularly of my explanation of massive anonymous campaign coffers known as Super PACs.

A group of wealthy New York businessmen have in the past few days pumped more than $3 million into newly-formed super PACs that aim to stop mayoral front-runner Zohran Mamdani as the prospect of the democratic socialist running City Hall looks increasingly likely, new filings reveal. The last ditch spending blitz comes as the Democratic nominee continues to dominate the mayoral race, with polls showing him holding a double digit lead over his closest competitor, independent candidate Andrew Cuomo.

During a fundraiser, Donald Trump claimed he convinced a wealthy donor, worth five to six billion dollars, to increase his donation from one million to twenty-five million, arguing that a million was insufficient compared to the donor's wealth.