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ETH TLDR
Six members each receive million-dollar support
Cash on hand and Ohio Senate race
Fairshake fully supports 32 serving House members
On the eve of the mid-term elections on November 3, the cryptocurrency political organization Fairshake announced its support for 32 serving House members. The list includes 19 Republicans and 13 Democrats.
These members all voted in favor of the CLARITY Act (the main piece of legislation on the market structure of the crypto industry) in July 2025. Among them, six candidates, including French Hill of Arkansas and Bryan Steil of Wisconsin, will each receive $1 million in support funding.
As of the end of August, Fairshake had approximately US$108 million in available cash. Its largest general election spending item still targets Sherrod Brown in Ohio, worth nearly $30 million.
Six members each received a million-dollar support
The six candidates who received a million-dollar support came from both parties, with a balanced proportion:
- Democrats: Janelle Bynum of Oregon, Steven Horsford of Nevada and Derek Tran of California.
- Republicans: French Hill of Arkansas, Bryan Steil of Wisconsin, and Bill Huizenga of Michigan.
Hill serves as chairman of the House Financial Services Committee, Steil leads its Digital Assets Subcommittee, and Huizenga is vice chairman of the committee.
Fairshake 发言人 Geoff Vetter 表示，该组织的关注点在于议题而非党派。他称，他们支持来自两党且支持加密货币创新的候选人。
名单上的所有候选人在2025年7月众议院通过《CLARITY法案》时均投了赞成票。其中，民主党议员中有78人参与了投票支持该法案。
该法案旨在为数字资产市场建立联邦监管框架。然而，该法案在参议院停滞了一年多，最终因官员加密货币持仓的道德准则等问题导致谈判破裂。
其余26位候选人包括众议院多数党鞭 Tom Emmer 和民主党党鞭 Pete Aguilar。Lisa McClain、Jason Smith、Glenn Thompson、Josh Gottheimer 和 Sarah McBride 也在名单之列。
Fairshake 已披露至少600万美元的支出，但尚未说明对另外26个选区的具体投入金额。
手头现金与俄亥俄州参议院选战
根据联邦选举委员会的文件显示，截至8月底，Fairshake 手头约有1.08亿美元现金。其更广泛的关联网络报告可用资金约为1.2亿美元。
在本周期早些时候，该网络花费约4000万美元支持29位民主党人，花费3100万美元支持28位共和党人。Fairshake 声称，其支持的候选人在其参与的57场选战中赢得了53场。
Fairshake's major donors include individuals or companies associated with Coinbase, Ripple and Andreessen Horowitz. The organization's stated goal is to elect more lawmakers who support clear cryptocurrency rules.
Fairshake announced's largest general election spending item is located in Ohio. In September, the group said it planned to spend nearly $30 million against Democrat Sherrod Brown. Brown is running against Republican Senator Jon Husted for the seat.
Brown has served as chairman of the Senate Banking Committee and is skeptical of certain parts of the cryptocurrency industry. He lost the 2024 election due to the intervention of huge amounts of cryptocurrency money, ceding his seat to Republican Bernie Moreno.
Democratic Senator Ruben Gallego, who supports cryptocurrency legislation, criticized the action against Brown. He noted that a future market structure bill could require 60 Senate votes and bipartisan support.
Spending by industry-backed groups has also attracted criticism from some lawmakers. They worry that corporate money will shape cryptocurrency policy.
November elections will determine which party controls Congress when the new session begins in January 2027. If the CLARITY Act fails to advance before this date, lawmakers may need to restart efforts.
Fairshake has not disclosed its complete universal election budget. It is unclear whether the group will add more House or Senate spending before the November 3 election.
