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Super PAC
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Super PAC

US committee that may raise and spend without limit but cannot coordinate with candidates.

super PACs carry most of the outside money in the 2026 midterms. By 30 September TEXAS PAC had reported $131.5m of spending in the Texas Senate race alone, with its donors hidden until its first full report on 15 October.

Last refreshed: 1 October 2026

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Background

super PACs are the main vehicle for outside money in the 2026 midterms. In The Week to 30 September, Republican-side committees accounted for $164m of the 300 largest independent-expenditure filings, and Senate races took the nine biggest slots.

A Super PAC, formally an independent expenditure-only committee, may take unlimited contributions from individuals, corporations, unions and other political committees to fund independent expenditures. It may not coordinate with a candidate. It files 48-hour reports for spending of $10,000 or more up to the 20th day before an election, and 24-hour reports for $1,000 or more after that. Donors appear only on periodic reports, so a new committee can spend heavily before naming any donor.

The form exists because of SpeechNow.org v. FEC, decided by the D.C. Circuit on 26 March 2010, and two FEC advisory opinions of 22 July 2010. In the 2023-24 cycle the FEC counted 2,526 super PACs, which received $5.1bn and spent $5.0bn.

Key Issues
Donor disclosure

Disclosure lags the spending by weeks

A Super PAC must report large independent spending within 24 or 48 hours, but its donors appear only on periodic reports. TEXAS PAC shows what that gap allows. Its notice to the FEC on 30 September 2026 added $61.4m in one filing, almost doubling its total since 21 September to $131.5m in the Texas Senate race.

None of those funders will be public before its first full report on 15 October. Across the 300 largest filings in The Week to 30 September, Texas races took 31% of at least $259.2m reported. For voters in the state's most expensive contest, the ADS are on air well before anyone can see WHO paid for them.

Crypto spending

Crypto money returns without the word crypto

Outside groups reported $44.1m of spending in Ohio's Senate race between 24 and 30 September 2026, and the biggest spender was Defend American Jobs at $11.46m. Almost all of it was split evenly between backing Senator Jon Husted and attacking Democrat Sherrod Brown.

The Washington Times links the committee to the crypto industry's Fairshake network. It had spent $40m backing Bernie Moreno at the same point in 2024, when Brown lost his seat. Its new adverts do not mention crypto. That is the Super PAC model at work: an industry can fund a race through a committee whose name and message say nothing about WHO stands behind it.

Common Questions

Crypto money returns without the word crypto

Which super PAC has spent the most in the 2026 Texas Senate race?
TEXAS PAC, which had filed $131.5m of spending in the race by 30 September 2026, supporting Ken Paxton and opposing James Talarico.Source: FEC filings, Texas PAC (C00960211)
When do super PACs have to disclose their donors?
Donors appear on the committee's periodic FEC reports. Spending notices come sooner, within 48 hours for $10,000 or more and within 24 hours for $1,000 or more in the last 20 days, so a new committee can spend before naming donors. TEXAS PAC's first periodic report is due on 15 October 2026.Source: FEC reporting rules; FEC filings

Reference

How much did super PACs spend in the 2024 election cycle?
The FEC counted 2,526 super PACs in the 2023-24 cycle. They received $5,096.9m and spent $5,013.0m.Source: FEC statistical summary, 2023-2024 cycle
Can a super PAC coordinate with a candidate?
No. Its spending must not be made in consultation or cooperation with, or at the request of, a candidate. Coordinated spending counts against contribution limits.Source: FEC, making independent expenditures
What is a super PAC?
A Super PAC is an Independent expenditure-only political committee. It may raise unlimited sums from individuals, corporations, unions and other committees to spend on elections, but may not coordinate with candidates.Source: FEC, types of nonconnected PACs
Source Material