White House · CLARITY Act · US Senate · Cointelegraph
Crypto PAC releases support for 32 House candidates in US midterms
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Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the legislation remains in limbo in the Senate.
Key facts
- On Monday, Fairshake said that it would support 19 Republican and 13 Democratic incumbents in US House races for 2026
- According to the crypto-backed PAC, three Republican and three Democratic candidates will each receive $1 million in spending ahead of the 2026 midterms
- Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the legislation remains in limbo in the Senate
- All 32 candidates Fairshake said would receive its support voted to advance the Digital Asset Market Clarity Act, a bill that had been expected to establish clear roles for US financial agencies
Summary
Fairshake, the political action committee (PAC) backed by contributions from Coinbase, Ripple Labs and Andreessen Horowitz, announced that it would initially spend a combined $6 million on six House of Representatives candidates out of 32 people the group planned to back ahead of the 2026 US midterm elections. On Monday, Fairshake said that it would support 19 Republican and 13 Democratic incumbents in US House races for 2026. “Fairshake has always been and always will be an issue-focused organization,” said Fairshake spokesperson Geoff Vetter. According to the crypto-backed PAC, three Republican and three Democratic candidates will each receive $1 million in spending ahead of the 2026 midterms.