The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million on advertising related to US Senate and House races, with the majority going toward to support a Texas Republican candidate.
In a Tuesday filing with the US Federal Election Commission (FEC), Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney General Ken Paxton. The Republican is facing off against incumbent Senator John Cornyn in a May 26 runoff to determine who will become the party’s candidate for the 2026 US Senate race.
Fellowship PAC expenditure report on Ken Paxton. Source: FEC
In addition to Paxton, the PAC reported spending $350,000 on advertising for Mike Collins in Georgia’s…
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Source cointelegraph.com
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