Since March 2023, a pro-U.S. Sen. Ted Cruz PAC has received a series of increasingly larger payments that total more than $630,000.
Told of payments, BP America pulls its ads from podcasts that send revenue to political parties, campaigns or committees.WASHINGTON — A super PAC focused on getting U.S. Sen. Ted Cruz reelected has received hundreds of thousands of dollars tied to advertising revenue from Cruz’s “Verdict” podcast, an unusual campaign finance arrangement that raises legal questions.
In response to questions about the podcast and the financial arrangements surrounding it, the Cruz campaign provided a written statement characterizing all of the attention as “lazy attacks” by news outlets and Democrats in an election year. The senator announced the move to iHeart in 2022, saying at the time that it was a “big damn deal” toRecent “Verdict” episodes have included advertisements for large companies with well-known brands: BP, Safeway, Consumer Cellular, Carvana, Lexus and UberEats among them.
Blackout Coffee promotes itself as an “anti-woke” coffee brand, while Grapevine-based Patriot Mobile says it is “America’s only Christian conservative wireless provider.” Cruz has a ubiquitous media presence. In addition to the podcast, he appears often on cable news and posts frequently on social media.His most recent financial disclosure statement includes a 2022 agreement with Regnery Publishing for a two-book deal with a $1.1 million advance, payable in four installments.When Cruz announced iHeart’s involvement with the podcast, it quickly attracted criticism and raised questions about whether such a partnership was allowed.
The stream of payments from iHeart to the super PAC raises fresh questions and could prompt a look by the Federal Election Commission.Independent super PACs are barred from coordinating with candidates and campaigns they support. Candidates are limited in how much money they can solicit for super PACs and are prohibited from soliciting corporate donations to them, said campaign finance lawyer Brett Kappel.
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