Thread by @arapaho415

1/ Salon suggests that Cruz may have used Reagan Investments LLC (the one in Missouri, which @ultralite001 nailed) as a pass-through to buy his doorstop... er book to pocket royalties. But this caught my eye:
Cruz' leadership PAC, Jobs, Freedom and Security PAC... (con't)

2/ "reported that it 👉paid $615,000 to the Republican fundraising platform WinRed for credit card processing fees🧐 on Jan. 12, a week after the Reagan Investments advertising payout, after having paid WinRed only a few thousand dollars for all of 2020. (con't) @ThomasS4217

3/ ...The [Jobs, Freedom and Security leadership] PAC's receipts total 👉more than $758,000 in January alone, about 50% more than it raised from 2019 to 2020 combined🧐."
"If Reagan Investments is a means for Cruz to collect publishing royalties... (con't)

4/ ...the senator would appear to be converting donations to personal use and possibly filing false FEC reports. If that were the case,👉Jeff Roe could potentially be considered a co-conspirator👈. Candidates who sponsor leadership PACs are generally allowed to use donor funds...

5/ ...for personal expenses, meaning Cruz could keep any royalties, but the 👉FEC currently has a pending review of a related question: Whether the personal use exemption should extend to leadership PACs that belong to active candidates, such as Cruz👈. (con't)

6/ ...An unfavorable ruling could have implications for Trump's leadership PAC, Save America: If the former president decides to run again in 2024, he may not have unfettered personal access to the millions of dollars... (con't) h/t @clearing_fog
salon.com/2021/02/22/now…

7/ ...and that could circumscribe his ability to spend those contributions on his personal business empire."
More on [former so-called president's] leadership PAC in this⤵️ thread: /end

https://twitter.com/arapaho415/status/1337425209213652994

Coda. Forgot to include @ultralite001's tweet that identifies the Reagan Investments LLC that Cruz' Jobs, Freedom and Security Leadership PAC paid $1.2 million to in 2020:

https://twitter.com/ultralite001/status/1364013873431523333