Meta set to spend $750K backing Illinois statehouse candidates as AI and social media legislation looms [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
After putting $45 million into a super PAC last year to influence state elections in favor of tech-friendly candidates nationwide, the company has begun spending specifically on state races supporting Republicans in Texas and Democrats in Illinois. In Illinois, Meta is bankrolling $750,000 for a new super PAC, Making Our Tomorrow, according to state campaign disclosure reports. In less than two weeks, the super PAC has spent nearly $340,000 on mailers and digital advertising to support four Democratic state House primary candidates — Paul Kendrick in the Lincoln Park-area's 12th District, Adam Braun in the Uptown neighborhood's 13th District, Aja Kearney in the South Side and south suburban's 34th District and Rep. Jaime Andrade in the Northwest Side's 40th District. Andrade's race is the only one involving an incumbent as he faces an upstart progressive challenger backed by the Chicago Teachers Union. Opponents of the candidates being backed by Making Our Tomorrow, some of whom
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