Industries contribute to PACs here' s how five distribute it ahead of the midterms HEAD TOPICS
Industries contribute to PACs here' s how five distribute it ahead of the midterms
10/21/2022 11:30:00 PM MONEY MATTERS How five industries are contributing PAC money ahead of the midterms
Source FOX Business
MONEY MATTERS How five industries are contributing PAC money ahead of the midterms Here's a look at how political action committees in five industries have been contributing to federal candidates ahead of the midterms, according to OpenSecrets data. have received about $4.45 million (60%).PACs affiliated with commercial banking have contributed more than $7.42 million to federal candidates during the midterm election cycle, according to OpenSecrets.(iStock / iStock)The data, based on information released by the Federal Election Commission (FEC) in September, accounts for nearly 80 PACs in the commercial banking industry, according to OpenSecrets. During the 2018 midterm election cycle, 118 commercial banking-affiliated PACs gave a total of more than $13.83 million to federal candidates, OpenSecrets data showed. Approximately 30.6% went to Democrats that year.Defense AerospaceThe total amount contributed to federal candidates by defense aerospace PACs so far during the 2022 election cycle is around $2.3 million, Read more:
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