The new Fellowship crypto PAC has filed its first fundraising disclosure. It reports a $10 million contribution from Cantor Fitzgerald (previously headed by Commerce Secretary Howard Lutnick, now controlled by his sons) and $1 million from Anchorage Digital.

SCHEDULE A (FEC Form 3X)<br>ITEMIZED RECEIPTS<br>A. Anchor Labs Inc<br>Date of Receipt 01-12-2026<br>Amount of Each Receipt this Period 1000000.00<br>Aggregate Year-to-Date 1000000.00<br>B. Cantor Fitzgerald<br>Date of Receipt 01-23-2026<br>Amount of Each Receipt this Period 10000000.00<br>Aggregate Year-to-Date 10000000.00

The Fellowship PAC launched in September with an announcement that they had $100 million committed. They've recently revealed that the PAC is headed by Tether's head of government affairs Jesse Spiro, and endorsed a slate of Republicans.

Fellowship PAC has made three independent expenditures so far, totalling $1.5M:

  • $300k to Clay Fuller, who just won the Republican runoff in GA-14
  • $850k to Nate Morris, challenging Andy Barr in the Kentucky Senate Republican primary
  • $350k to Pete Ricketts, incumbent Nebraska Senator running for re-election
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