Fellowship PAC Launches to Support Pro-Trump Candidates with Crypto Focus
- The Fellowship PAC aims to support pro-Trump candidates with over $100 million in funding.
- Registered with the Federal Election Commission on August 7, but no financial activities have been reported yet.
- The PAC’s mission includes maintaining America’s lead in digital assets and entrepreneurship.
- Political action committees related to crypto spent over $119 million in the previous election cycle.
The Fellowship PAC has emerged as a significant player in political fundraising, focusing on candidates who support predictable rules for crypto and technological competitiveness. Its formation coincides with ongoing legislative discussions about digital asset regulation.
Despite pledging substantial funds, the Fellowship PAC’s financial activities remain unreported, raising questions about its actual resources and impact on upcoming elections. (Source)