Exclusive: New Ted Cruz Super-PACs Take in Record Haul

The Texas senator's supporters throw down a marker in the fundraising sweepstakes—$31 million raised in less than a week.

U.S. Senator Ted Cruz (R-TX) speaks at a Conservative Business League of New Hampshire Rally March 27, 2015 in Merrimack, New Hampshire.

Photographer: Darren McCollester/Getty Images
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Ted Cruz’s presidential effort is getting into the shock-and-awe fundraising business.

An associate of the Texas senator, a recently announced presidential candidate, tells Bloomberg that a cluster of affiliated super-political action committees was formed only this week, and among them they are expected to have $31 million in the bank by Friday.