Cash Grab: Ted Cruz's podcast deal doesn't pass the smell test

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Cash Grab: Ted Cruz's podcast deal doesn't pass the smell test
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U.S. Sen. Ted Cruz’s The Verdict With Ted Cruz podcast appears to be paying off. On multiple levels.

Despite concerns the Texas firebrand is skirting federal campaign finance laws, experts said the Federal Election Commission is unlikely to take action. San Antonio -based iHeartMedia, the nation’s largest radio-station holding company, picked up the podcast for distribution in late 2022, allowing Texas ’ junior Republican senator a national platform to air his grievances against “woke” culture and other favorite targets while millions tune in.

“This is far and away one of the most unusual super PACs since Citizens United in terms of how it gets its money — which appears to be compensating the super PAC based on someone providing a service,” said Brett Kappel, a Washington, D.C., campaign finance attorney who’s done work on both sides of the aisle. “It’s a very murky area of the law thanks to the U.S. Supreme Court.”

“This type of funding risks putting the priorities of wealthy special interests above everyone else and makes our political process more vulnerable to corruption,” Erin Chlopak, Campaign Legal Center’s senior director of campaign finance, said in a statement about its investigation request. “That’s how it worked for 40 years, but as we’ve seen in every other aspect of Washington, bipartisanship is now the exception and not the rule,” attorney Kappel said.

“Chairman Cooksey, who used to work for Sen. Cruz, clearly has a conflict of interest and should recuse himself from this matter,” Jonas Edwards-Jenks, End Citizens United’s communications director, said in an emailed statement. “For too long, Sen. Cruz has made a mockery of campaign finance laws, and it’s past time he’s held accountable.”

The senator is locked in a competitive race against U.S. Rep. Colin Allred, a North Texas Democrat with a solid fundraising record. Allred has so far raked in $21 million to take on Cruz.

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