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Freedom Caucus Members Protected FTX, Helped McCarthy Sabotage Red Wave

Originally published in National File by Frankie Stockes

Members of the House Freedom Caucus worked directly with Kevin McCarthy’s GOP establishment to block inquiries into FTX, the corrupt crypto exchange with links to Ukraine that bankrolled McCarthy’s political machine through the 2022 midterms. With the millions FTX and its executives provided to him, McCarthy waged war on America First candidates all over the country to protect establishment incumbents and consolidate support for his quest to become Speaker of the House.


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Freedom Caucus members Warren Davidson and Byron Donalds were involved in a broad, uni-party plot, in which Republicans teamed up with Democrats and tried to thwart requests for information from the Security and Exchange Commission (SEC) about the failed crypto exchange, FTX, and its illegal financial dealings on a massive global scale.

National File has obtained a letter, dated March 16th, 2022, that was sent to SEC officials by members of Congress, in an effort to stymy investigators’ efforts.

Signed by McCarthy lieutenant Tom Emmer (R-OH), along with Freedom Caucus members Warren Davidson (R-OH) and Byron Donalds (R-FL), the letter also carries the names of three Democrats, Reps. Darren Soto (FL), Jake Auchincloss (MA), and Josh Gottheimer (NJ).

Read the full letter and more in the @NationalFile Twitter thread below:

Ensnaring everyone from McCarthy’s top Lieutenant to Freedom Caucus members, to left-wing Democrats, the letter to the SEC represents a true uni-party effort to erect a stone wall of protection around FTX, the illegal political cash cow with links to Ukrainian corruption.

FTX founder, Sam Bankman-Fried, and his high-level executives who bankrolled Kevin McCarthy’s Congressional Leadership Fund, are facing potentially massive prison sentences in what has been described as a high-level, international Ponzi scheme that dwarfs that of the infamous Bernie Maddoff.

Perhaps the biggest question left remaining is whether or not members of Congress, and members of Kevin McCarthy’s inner political circle, could be hauled into prison themselves.

What did they know about the millions they received from FTX? And when? Americans are asking. Why did members of Congress, both Democrats and Republicans, try to halt a federal investigation into what’s being called the biggest financial crime scandal in history?

Read More: McCarthy Used FTX Cash to Defeat Conservatives in 2022

Money from FTX was used by Kevin McCarthy and his Congressional Leadership Fund (CLF) political machine to crush conservative candidates in the 2022 midterms, protecting McCarthy’s influence in DC.

Much like McCarthy’s Congressional Leadership Fund (CLF), from which corrupt FTX money flowed into anti-MAGA attack ads and the pockets of GOP establishment campaigns, the NRCC was used during the 2022 midterms to enforce compliance with the McCarthy establishment agenda.

Candidates deemed too conservative, or too disruptive to McCarthy’s quest for power, were left out in the cold by the NRCC. Among them were America First icons like Jarome Bell and Laura Loomer.

In the run-up to midterm election day, McCarthy, Emmer, and company pulled their support of GOP nominees in critical races, like those of Blake Masters and JR Majewski, outright surrendering seats in Washington to Democrats.

Emmer, who runs the NRCC and was the lead signatory on the pro-FTX letter to the federal government, was directly involved in the sabotage of conservative, America First candidates during the 2022 midterms, pulling NRCC support from pivotal races and effectively surrendering to Democrats.

Apparently, that’s the treatment that GOP candidates and their supporters can expect to receive if deemed too conservative, or too disruptive to Kevin McCarthy’s agenda.

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