Fairshake Crypto PAC Network Backs 32 House Candidates in Midterm Elections
Cryptocurrency advocacy group Fairshake, along with its affiliated super PACs Protect Progress and Defend American Jobs, is backing 32 pro-crypto candidates running for the U.S. House of Representatives this midterm season. The network has committed at least $6 million to support these races, including $1 million each in six key contests involving both Democratic and Republican incumbents who have supported crypto-related legislation like the CLARITY Act. Fairshake entered September with over $120 million in cash across its entities, according to FEC filings. The group has previously spent $71 million on 57 primary races this cycle, winning most of them. This spending push follows the failure of the CLARITY Act in the Senate and aims to influence how crypto regulation is handled by the next Congress. The candidates supported include key figures like French Hill (chair) and Bill Huizenga (vice chair) on the House Financial Services Committee, as well as Bryan Steil who leads its digital-assets subcommittee. Fairshake’s backing spans 19 Republicans and 13 Democrats.
Topics: Cryptocurrency Elections Lobbying Politics