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Stock impact report

How corporate PAC money could end up in the personal coffers of Sens. JD Vance and Markwayne Mullin [Business Insider]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Federal lawmakers can now pay themselves back for large personal campaign loans after an election. Two freshman GOP senators have been doing just that — while also taking corporate PAC money. Republican Sens. JD Vance of Ohio and Markwayne Mullin of Indiana have spent the last year-and-change using campaign cash to pay themselves back for hefty loans they sunk into their 2022 Senate bids. At the same time, they've been taking tens of thousands of dollars in corporate PAC money — some of which may be ending up directly in the senators' bank accounts. Between the 2022 election and the end of 2023, Vance has used $78,000 in corporate PAC contributions to repay campaign debts, while Mullin has done the same with $45,000 in corporate cash. Yet it's difficult, if not impossible, to draw a straight line from a single corporate PAC contribution to the checks each senator receives from their campaigns, given the interchangeability of campaign funds. Both men have also been repaying Show less Read more
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