Trump’s MAGA Inc. injects $5M into Texas Senate race for Paxton ads

CryptoBriefing President Trump’s super PAC, MAGA Inc., has injected an additional $5 million into the Texas Senate race, as revealed by a recent Federal Election Commission filing. The funds are designated for Del Ray Media LLC, a Virginia-based political media company, to bolster TV and digital advertising efforts against the Democratic nominee. This financial boost comes as the race, an open-seat contest due to Senator John Cornyn’s retirement, remains tightly contested. Public polling indicates a narrow lead for Democrat James Talarico over Republican Ken Paxton, with the latter benefitting from this latest Republican-aligned financial commitment. Key Takeaways The recent $5 million contribution by MAGA Inc. appears to be a strategic move to enhance Republican Ken Paxton’s campaign visibility in the closely contested Texas Senate race. The market pricing for the race suggests an increased likelihood of a Republican victory, with odds moving from 52% to 59.5% YES over the past week. This additional funding is consistent with efforts to counteract Democratic candidate James Talarico’s slight lead in recent polls. What to Watch Markets will be closely reflecting the impact of this ...