
Crypto-Backed Fellowship PAC Withdraws Support for Texas Senate Candidate Ken Paxton
Fellowship PAC, a crypto-aligned political action committee claiming over $100 million in funding, has withdrawn its advertising support for Texas Attorney General Ken Paxton's US Senate campaign. The group reported spending $1.75 million on supportive ads that were never placed. Republican leaders contacted Commerce Secretary Howard Lutnick regarding his ties to Fellowship, which was partially funded by Cantor Fitzgerald, where his sons now lead the company. Paxton faces Senator John Cornyn in a May 26 runoff.
