TechFlow News: On April 24, Axios reported that Fellowship PAC—a cryptocurrency-focused super PAC funded by Howard Lutnick’s former firm Cantor Fitzgerald—filed documents with the Federal Election Commission (FEC) disclosing plans to spend $1.75 million supporting Ken Paxton in Texas’s primary runoff election. This move has raised alarms among senior Republican officials. Several top Republican officials called Lutnick on Tuesday, urging him to intervene and rectify the situation. Republican leaders are concerned that the expenditure could interfere in a sensitive intra-party primary—Donald Trump has yet to publicly endorse either Paxton or Senator John Cornyn.
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