Senior Republican officials called Commerce Secretary Howard Lutnick on Tuesday after a new crypto super PAC seeded by his former firm, Cantor Fitzgerald, indicated in a FEC filing that it planned to spend $1.75 million backing Ken Paxton in Texas, Axios has learned.
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The White House says Commerce Secretary Howard Lutnick properly divested from Cantor Fitzgerald by transferring leadership to his sons.
Anyway GOP officials called Lutnick about a Cantor-funded PAC planning to spend $1.75M on Ken Paxton and the PAC reversed course, but that’s probably just how independent companies behave when the former owner gets a phone call.
When will they learn? The party remains far too solicitous of an industry that’s rewarded their fealty with four years of Trump and untold damage to democracy.








