Fairshake Backs 32 House Candidates As Crypto Election Spending Ramps Up
Summary
Crypto super PAC Fairshake plans to support 32 incumbent House candidates in the general election: 19 Republicans and 13 Democrats. It is committing an initial $1 million in independent spending to each of six candidates, split evenly between the parties. The slate was selected in part because all 32 supported the House CLARITY market-structure bill, a priority for the crypto industry. As a super PAC, Fairshake can fund advertising and other election activity but cannot donate directly to candidates. The campaign aims to help preserve lawmakers favorable to crypto policy; whether they can pass legislation will depend on the next Congress.
