The fallout from the massive collapse of Sam Bankman-Fried's crypto exchange FTX continues, and as more about it becomes known, Americans are seeing just how pervasive his reach was into U.S. politics.
We've already reported that Bankman-Fried gave tens of millions of dollars to Democratic candidates, causes, and political action groups. But new reports note that he also gave millions to Republicans, especially a PAC run by Senate Minority Leader Mitch McConnell of Kentucky, who is being blamed for withholding funds from key GOP races where the candidate was backed by Donald Trump, thereby costing his party the majority during midterm elections last week that should have resulted in blowout wins for Republicans.
"Wouldn’t you know Senate Minority Leader Mitch McConnell would have his hands in the massive cookie jar in Ukraine and the FTX debacle. Of course he is. It seems more and more that the only person who wasn’t on the take was Donald Trump, which may be why they worked so hard to get rid of him," The Liberty Daily noted in a short report containing Federal Election Commission records showing that the Senate Leadership Fund run by McConnell received $2.5 million from FTX.
This FTX thing gets better. @LeaderMcConnell used FTX too. Not only did McConnell pull funding from key GOP Senate races, he was donating to Democrat candidates when FTX made their donations to the Dems. Brilliant, it's nuts. pic.twitter.com/2kIBLfsztg
— Frank Ceccotti ???????????? (@CeccottiFrank) November 15, 2022
The report noted further:
The money goes from taxpayers, is sent as “aid” to Ukraine, which gives a good chunk of the laundered money to FTX, which contributes to the Uniparty Swamp. This prompts the Uniparty Swamp to repeat the process, and as we’ve seen over the past several months, it’s working wonders. Corporate media barely reports on all the money getting laundered there on a weekly basis. No Democrats and very few Republican politicians bring up the issue. Nearly everyone is on the take.
They were paid greatly for their lack of leadership. In 2020 they received over 2 million each from ftx. mitch McConnell got a lot of donations from big pharmaceutical companies…https://t.co/BAwq9oVrvF pic.twitter.com/RUsc9gr7HM
— Sue (@Sue4430) November 13, 2022
Not surprisingly, McConnell was reelected to his Senate leadership position on Wednesday, despite the fact that a significant number of Republican senators did not want him to remain at the helm.
Florida GOP Sen. Rick Scott made an effort to run against McConnell, but it was unsuccessful.
“The status quo is broken and big change is needed. It’s time for new leadership in the Senate that unites Republicans to advance a bold conservative agenda,” Scott tweeted. “That’s why I’m running to be the Senate Republican Leader.”
The status quo is broken and big change is needed. It's time for new leadership in the Senate that unites Republicans to advance a bold conservative agenda.
That's why I'm running to be the Senate Republican Leader.https://t.co/B0rdMuR64Z
— Rick Scott (@SenRickScott) November 15, 2022
“I’m writing to you today because I believe it’s time for the Senate Republican Conference to be far more bold and resolute than we have been in the past. We must start saying what we are for, not just what we are against,” Scott noted in a letter to fellow Republican senators, Fox News Digital reported. “I do not believe we can simply continue to say the Democrats are radical, which they are. Republican voters expect and deserve to know our plan to promote and advance conservative values.”
Scott had several supporters.
“I’ll be nominating @SenRickScott for Senate Republican leader,” Sen. Ron Johnson of Wisconsin, who won reelection last week, tweeted on Tuesday. “We need a different, more collaborative governing model for our conference that is focused on fiscal sanity & bringing function to the Senate. I hope elections are delayed so Rick has a chance to lay out his vision.”
I’ll be nominating @SenRickScott for Senate Republican leader. We need a different, more collaborative governing model for our conference that is focused on fiscal sanity & bringing function to the Senate.
I hope elections are delayed so Rick has a chance to lay out his vision. pic.twitter.com/TSyHD7qaUl
— Senator Ron Johnson (@SenRonJohnson) November 15, 2022
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