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Press Release: Sen. Ted Cruz Announces Approval of Rio Grande LNG Project, Expected to Generate Billions in Investment and Jobs

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Sen. Ted Cruz announces federal approval for the Rio Grande LNG project, promising significant investment and job creation in the region.

Quiver AI Summary

U.S. Senator Ted Cruz has announced the Federal Energy Regulatory Commission's approval of the Rio Grande LNG facility and pipeline, which he claims will create thousands of jobs and attract billions in investments to the Rio Grande Valley. Cruz stated, "This new LNG export facility... strengthens Texas’s energy leadership."

NextDecade's CEO Matt Schatzman expressed gratitude for Cruz's support, acknowledging his role in advancing the project. The initiative aligns with Cruz's ongoing efforts to promote American energy dominance and protect energy workers.

In recent months, Cruz has advocated for legislation to expedite LNG project approvals and has participated in legal efforts to restore permits for LNG facilities in the region. He described these projects as vital for Texas and the U.S. energy sector.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Ted Cruz Net Worth

Quiver Quantitative estimates that Ted Cruz is worth $10.3M, as of September 4th, 2025. This is the 104th highest net worth in Congress, per our live estimates.

Cruz has approximately $4.4M invested in publicly traded assets which Quiver is able to track live.

You can track Ted Cruz's net worth on Quiver Quantitative's politician page for Cruz.

Ted Cruz Bill Proposals

Here are some bills which have recently been proposed by Ted Cruz:

  • S.2687: A bill to repeal the Comprehensive Policing and Justice Reform Amendment Act of 2022 enacted by the District of Columbia Council.
  • S.2583: NOAA Weather Radio Modernization Act
  • S.2547: Kate's Law
  • S.2509: Transparency in Reporting of Adversarial Contributions to Education Act
  • S.2503: ROTOR Act
  • S.2351: Space Exploration Research Act

You can track bills proposed by Ted Cruz on Quiver Quantitative's politician page for Cruz.

Ted Cruz Fundraising

Ted Cruz recently disclosed $1.4M of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 25th most from all Q2 reports we have seen this year. 91.3% came from individual donors.

Cruz disclosed $928.5K of spending. This was the 29th most from all Q2 reports we have seen from politicians so far this year.

Cruz disclosed $2.3M of cash on hand at the end of the filing period. This was the 133rd most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Ted Cruz's fundraising on Quiver Quantitative.

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