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Texas Boosts Israeli Bonds as AIPAC Funding Sparks Controversy

6/26/2026

Summary

Story summary

AIPAC’s United Democracy Project super PAC gave $650,000 to Bold America for Rep. Adriano Espaillat.
Texas Comptroller Kelly Hancock announced the state will double Israeli bond holdings to $280 million by February 2026.
Governor Greg Abbott threatened to cut San Marcos funding after its council passed a Gaza cease-fire and Israel arms-embargo resolution.
Critics say AIPAC donors include Coca-Cola and Estée Lauder CEOs and that Senator Ted Cruz has taken $1.4 million from pro-Israel PACs.

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Story summary

AIPAC’s United Democracy Project super PAC gave $650,000 to Bold America for Rep. Adriano Espaillat.
Texas Comptroller Kelly Hancock announced the state will double Israeli bond holdings to $280 million by February 2026.
Governor Greg Abbott threatened to cut San Marcos funding after its council passed a Gaza cease-fire and Israel arms-embargo resolution.
Critics say AIPAC donors include Coca-Cola and Estée Lauder CEOs and that Senator Ted Cruz has taken $1.4 million from pro-Israel PACs.