Politico: "A group of crypto billionaires are spending millions trying to sandbag Katie Porter and keep her (and her whiteboard) out of the November runoff against fellow Rep. Adam Schiff."
These billionaires are flooding the California airwaves with dishonest ads attacking Katie Porter. The ads don’t even mention the crypto industry.
Here’s more from Politico: “Her allies at the Progressive Change Campaign Committee weighed in on Porter’s behalf: ‘These dishonest attack ads from Big Crypto demonstrate how far billionaire special interests are willing to go to prevent a pro-consumer champion like Katie Porter from becoming senator.’”
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This new wave of attacks comes just days after a damning exposé in Slate exposed Adam Schiff for spending millions of dollars of Democratic donor money in a "diabolical election gambit" (Slate’s words). Schiff is gaming California’s "jungle primary” because he’s scared to face Katie Porter in the general election.
They’re all scared of her – and they should be!
Katie Porter is a longtime consumer protection advocate who has won big victories taking on corruption and greed in the banking and finance industries.
She has been an outspoken critic of lax regulations around crypto and its impact on climate change. Adam Schiff is rated by the crypto industry as “strongly supportive of crypto” and even writes glowingly about the industry on his official website.
Schiff has received millions of dollars from industries and companies that block progressive reforms—from Big Crypto, to Big Oil, to Big Pharma, to Wall Street banks like Wells Fargo, Goldman Sachs, and JP Morgan Chase.
Katie Porter has refused donations from corporate PACs and is focused on cleaning up corruption and tackling corporate greed.
Thanks for being a bold progressive.
– The PCCC Elections Team
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