Crypto's campaign arm, Fairshake, sets lists of U.S. House favorites it'll spend on

Crypto's campaign arm, Fairshake, sets lists of U.S. House favorites it'll spend on

Summary

Fairshake endorsed 32 incumbent House candidates for November elections: 13 Democrats and 19 Republicans. Six candidates will receive $1 million each from the crypto-focused super PAC and its affiliates. Many serve on committees central to crypto legislation, including Financial Services and Ways and Means. Fairshake says it has backed 53 primary winners out of 57 and aims to build a larger pro-crypto congressional caucus. Its latest House push comes as a Senate market-structure bill stalled; the PAC has not launched a broad campaign against senators who opposed it, but is spending about $30 million to defeat former Senator Sherrod Brown, with another $3 million from a Winklevoss-backed PAC.