CLARITY Act · US Senate · Republicans · Decrypt
After Clarity Act Falters, Crypto Super PAC Fairshake Targets Sherrod Brown With $30 Million
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Crypto super PAC Fairshake plans to spend $30 million opposing former Democratic Sen.
Key facts
- Fairshake, primarily funded by Coinbase, Ripple, and Andreessen Horowitz, had raised $116 million for the 2026 elections by January 2025 and reported $108 million remaining at the end of August
- Crypto super PAC Fairshake plans to spend $30 million opposing former Democratic Sen
- The Senate voted 49-50 against cloture on a motion to proceed to the bill
- Husted, a former Ohio lieutenant governor, was appointed to the Senate in January 2025 to replace JD Vance after Vance became vice president
Summary
Fairshake confirmed the plan to target Brown, who is challenging Republican Sen. “Of course the special interests are panicking, they know Sherrod will fight the rigged system they’re feasting on to stand up for working Ohioans,” Brown’s campaign manager, Patrick Eisenhauer, said in a statement. Husted, a former Ohio lieutenant governor, was appointed to the Senate in January 2025 to replace JD Vance after Vance became vice president. The latest spending announcement follows the Senate’s rejection of the Digital Asset Market Clarity Act, which would establish federal rules for crypto markets and divide oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission.