Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls
Fairshake is backing 19 Republicans and 13 Democrats, with six House candidates receiving $1 million each as the crypto group expands its election spending.
- Fairshake unveiled a bipartisan list of 32 House candidates it will support in November midterms while maintaining its nearly $30 million campaign against Democratic Senate candidate Sherrod Brown in Ohio.
- Senate Democrats blocked the CLARITY Act last month, stalling industry goals for regulatory certainty; the crypto industry subsequently moved against Brown, who had previously avoided major targeting.
- With about $120 million in cash on hand, Fairshake and its affiliated PACs plan to provide $1 million each to six House candidates: Democrats Janelle Bynum, Steven Horsford, and Derek Tran, and Republicans French Hill, Bryan Steil, and Bill Huizenga.
- Democratic Senate candidate Ruben Gallego called the decision to target Brown "dumb politics," arguing, "You still need 60 votes after this election if you want to pass market structure."
- Fairshake spokesperson Geoff Vetter stated the group aims to "build on the largest pro-crypto caucus in American history," noting it has won 53 of 57 races engaged in this cycle.
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Crypto Super PAC To Spend Big In 32 US House Races
Politico reports: A deep-pocketed super PAC network funded by the cryptocurrency industry is set to deploy its war chest to help 32 House candidates spanning both parties in the final weeks before the midterm elections, the group announced Monday. The PAC group, known as Fairshake, will back 19 Republican House candidates and 13 Democratic hopefuls. … The post Crypto Super PAC To Spend Big In 32 US House Races appeared first on Joe.My.God..
Top crypto group to pour millions into bipartisan slate of House races
WASHINGTON (AP) — A top cryptocurrency campaign organization is unveiling a bipartisan list of House members that it will support in the November midterms, as one of the biggest-spending interest groups looks to flex its muscles after
Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls – WTOP News
WASHINGTON (AP) — A top cryptocurrency campaign organization is unveiling a bipartisan list of House members that it will support in the November midterms, as one of the biggest-spending interest groups looks to flex its muscles after a mixed legislative year in Congress. The list, provided first to The Associated Press on Monday, includes 19...
Winnipeg Free Press
Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls
WASHINGTON (AP) — A top cryptocurrency campaign organization is unveiling a bipartisan list of House members that it will support in the November midterms, as one of the biggest-spending interest groups looks to flex its muscles after a mixed legislative year in Congress.
Fairshake, one of the most spent campaign groups in the crypto sector, announced support for 32 candidates for the U.S. House of Representatives, on a list that includes six legislators with $1 million each. The offensive comes after the Senate failed to advance the CLARITY Act and while the group holds a nearly $30 million bet against Sherrod Brown in Ohio.
Crypto Group to Pour Millions Into Bipartisan House Races as Bill Stalls
NewsFinale NewsFinale Journal WASHINGTON – Fairshake, a leading cryptocurrency political organization, is rolling out a bipartisan slate of House candidates it plans to support in the November midterm elections. The group, among the largest-spending interest groups in U.S. politics, is seeking to expand its influence after a year of mixed results for crypto legislation in Congress. The list, […]
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