MONEYINPOLITICS.wtf
America’s most comprehensive dictionary of campaign finance jargon
leadership PAC
noun1 a fundraising committee formed by a politician unconnected to their traditional candidate committee; frequently used to raise funds that are transferred to political allies; typically employed by officials who seek greater influence or aspire to leadership positions; puns, acronyms and other linguistic gimmicks are often used to distinguish the committee’s name
Trump had an additional $18 million in a leadership PAC, but that money cannot legally be used to benefit his campaign for the presidency, and he may wind up burning through most of it paying for his various criminal defense lawyers.— HuffPost
Through his leadership PAC, he contributed almost $90,000 to more than 80 candidates, both incumbents up for reelection and those seeking office for the first time.— CPR News