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Kevin Helms

US lawmakers propose Abolish Super PACs Act to cap donations at $5,000

On May 20, 2026, U.S. Representative Summer Lee and Senator Bernie Sanders introduced the Abolish Super PACs Act in the House and Senate, seeking to limit individual super PAC contributions to $5,000. The proposal targets independent-expenditure groups as crypto-linked super PACs gain visibility in policy fights over stablecoins and market structure, and as overall election spending by outside groups continues to expand.
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