Texas Republican says the president's speech was frightening masquerading in boring tones on 'Hannity' EXCUSIVE: Sen. Ted Cruz says corporate America is trying to use its "economic power" to "punish" anyone who disagrees with President Biden’s agenda, warning that corporations are "playing with fire" by wading into politics. Cruz, who acknowledged he is "of course" considering a 2024 presidential run, vowed to stop taking money from corporate PACs — and urged his Republican colleagues to do the same. The Texas Republican is turning his back on a gift horse with the move, as corporate PACs have previously contributed more than $2.6 million to his campaigns.