It’s been widely reported that former billionaire Sam Bankman-Fried, the now-bankrupt guru behind the cryptocurrency FTX, was a major player on the Democrats’ fundraising landscape.
He funneled more money to left-wingers than everyone except their favored multi-billionaire George Soros.
Yet a new report suggested that House Minority Leader Kevin McCarthy used FTX-related donations to help defeat Republican candidates who backed former President Donald Trump — and did so to protect his chances at becoming the next House speaker.
In an article on Friday, the website National File, citing some work by The Washington Post, noted, “Throughout the midterm campaign season, GOP establishment leader Kevin McCarthy used his Congressional Leadership Fund political machine to inject massive amounts of cash into House races nationwide. In doing so, he targeted GOP primary races and even general elections vs. Democrats, in which America First conservatives, aligned with President Trump, were on the ballot.”
“Millions of dollars worth of the campaign money came straight from corrupt crypto exchange FTX and its top executives.”
McCarthy, the story continued, ran a “‘secretive,’ anti-MAGA campaign within the GOP, using the party’s oligarch-funded pocketbook to ‘systematically weed out GOP candidates who could either cause McCarthy trouble if he becomes House speaker or jeopardizes GOP [establishment] victories.’”
As an example, the National File posted on Twitter a screenshot of a donor form submitted by FTX executive Ryan Salame, who gave $2 million to the Congressional Leadership Fund in September.
One of the people McCarthy worked against was Florida state Rep. Anthony Sabatini.
The Eustis Republican ran for the new 7th Congressional District, which was open when Democratic Rep. Stephanie Murphy opted to not run for re-election. Sabatini lost in the GOP primary to Cory Mills, who sailed into office with 58 percent of the vote on Nov. 8.
“Everything is happening behind the scenes, but obviously that is what the money shows,” Sabatini told National File.
“They don’t want a conservative to win. They want a brainless, spineless robot.”
Rep. Bob Good of Virginia, who was recently re-elected, told the National File on Sunday that he challenged McCarthy about this at the GOP’s leadership meeting last week. Good said he was one of the GOP candidates that McCarthy targeted.
“He spent millions of dollars to try to elect people who would vote for him as speaker,” said Good.
“He admitted that in our conference leadership forum. When I was challenging him. I said let the people of those respective districts elect who they want to represent, which reflects that district, and then let’s spend the money in the general to get them across the finish line.”