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Brett Kappel speaks on the evolving campaign finance issues involving Senator Ted Cruz and his podcast
Brett Kappel was quoted in a recent Washington Post article, titled “Pro-Ted Cruz group draws scrutiny for receiving money from his podcast’s company”, that was written by Patrick Svitek and published on June 22, 2024. The article examines the issues being raised around the revenue generated from Senator Cruz’s podcast being directed towards a super PAC, called Truth and Courage PAC, which supports Cruz’s reelection campaign. The legality of this situation is being called into question because federal law prohibits a candidate from directing funding to super PACs. Kappel states that “It just defies credulity that this is a normal business transaction,” with the total amount of proceeds directed from the podcast to the super PAC reaching $787, 036 as of May 15, 2024. This accounts for 8% of all the funds the super PAC has received since its formation. Kappel goes on to state that “Even if it were [a normal business transaction], the idea that a super PAC derives a substantial portion of its revenue…from a commercial business in which a sitting senator is a principal is completely unique and…raises all sorts of legal and ethical issues.”