Checks & Imbalances: McCarthy’s Money, Cawthorn’s Crypto, Truth Social’s Triumph

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Today we look at a struggling trucking company receiving a $700 million loan during the pandemic, a North Carolina Republican senator calling for an investigation into a GOP congressman from that state and Elon Musk helping out Donald Trump.

’s continued ownership of his hotels, saying they were just competing on the free market like other chains. The House Minority Leader’s campaign spending, however, tells a different story.he saw no problem with Trump continuing to own a commercial enterprise

while serving as president. “The president’s resorts are hotels that he owns,” McCarthy said at the time. “It’s just like any other hotel.” He went on: “I don’t know that that’s different than anything else. Is it different than if I go and stay or eat at a Marriott here or eat at the Trump? The president isn’t asking me to. He’s competing in a private enterprise.”

He’s competing in a private enterprise,” House Minority Leader Kevin McCarthy said of then-President Donald Trump continuing to own his hotelsLet’s look at how competitive Trump’s properties have been in the eyes of McCarthy’s campaign and leadership PAC, as well as aligned joint fundraising committees:

During McCarthy’s 10 years in Congress prior to Trump’s election in 2016, McCarthy’s campaign apparatusat Trump businesses, according to records kept by the Federal Election Commission. Trump’s Washington hotel at 1100 Pennsylvania Ave. didn’t open until a few weeks before Trump’s inauguration as president. Still, McCarthy is a prolific fundraiser who regularly crisscrosses the country, providing him with ample opportunities to spend money at other Trump properties over the years.

Starting the week before Trump’s inauguration, though, his properties became a lot more competitive in McCarthy’s eyes. During the four years Trump was in the White House,In the 14 months since Trump’s been out of office, McCarthy’s committees reverted back to their old spending habits,

 

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