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FTX gave more to Republicans than Dems. > More consequentially, Emmer was the head of the National Republican Congressional Committee, the campaign arm for Hou
by belltaco 4y ago
FTX gave more to Republicans than Dems.
> More consequentially, Emmer was the head of the National Republican Congressional Committee, the campaign arm for House Republicans, this year. The NRCC’s associated super PAC, the Congressional Leadership Fund, received $2.75 million from FTX in the 2022 cycle; $2 million from Salame in late September, and $750,000 from the company’s political action committee.
> That money helped House Republicans win the majority in 2022. Though FTX has been portrayed as a Democratic firm, thanks to the high profile of former co-CEO Sam Bankman-Fried, the company sprinkled around campaign donations fairly evenly, with a shade over 50 percent going directly to congressional Republicans and a shade under 50 percent to Democrats this cycle.
https://prospect.org/power/congressmembers-tried-to-stop-secs-inquiry-into-ftx/ https://prospect.org/power/congressmembers-tried-to-stop-sec...
- adventured 4y agoBankman-Fried gave drastically more to Democrats than to Republicans. The article is about a $1m check from Sam Bankman-Fried, not one from FTX.
- belltaco 4y agoHis associate Salame gave so much to the Republicans that he was their 10th largest donor.
- taolegal 4y agoAnd SBF was dem's 2nd? Don't dems also rake in more money than republicans?
- stevehawk 4y agois that only true of Republicans because of people donating directly to Trump and not to the party?
- throwoutway 4y agoYou’re not accounting for the full democratic donations amount which has been discussed here for two weeks
- lovehashbrowns 4y agoSam is claiming he himself also donated to Republicans https://youtu.be/6DezodR9hNI https://youtu.be/6DezodR9hNI His claim is he donated through dark money via Citizens United in order to avoid media attention for donating to Republicans. But I’m at the point where I believe nothing coming out of his mouth.