Two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia, Alabama, Nebraska, Kentucky, and Texas this week, with less than six months until US voters decide on their representatives in Congress.
Two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia , Alabama , Nebraska , Kentucky and Texas this week. Political action committees affiliated with the cryptocurrency company-backed Fairshake reported spending millions of dollars to support candidates in five races, with less than six months until US voters decide on their representatives in Congress .about a combined $1.6 million in expenditures for Jasmine Clark and Christian Menefee , Democrats running to represent Georgia ’s 13th Congress ional district and Texas ’ 18th district, respectively.
The reported media buys came before Clark will face a May 19 Democratic primary and Menefee a May 26 runoff against Representative Al Green, who is running for a 12th term in office. Protect Progresswas “actively hostile towards a growing Texas crypto community,” pledging to spend $1.5 million to oppose his reelection to Congress. Protect Progress, a Fairshake affiliate, typically focuses on Democratic candidates, while another affiliate, Defend American Jobs, supports Republicans.
The Defend American Jobs PAC similarlyspending $5.6 million on candidates in Georgia’s 1st and 14th districts, Nebraska’s 3rd district and US Senate races in Alabama and Kentucky. All four US states are scheduled to hold May primaries. Among Defend American Jobs’ expenditures, Andy Barr, running for the US Senate in Kentucky and currently a US House representative for the state’s 6th district, received the most support, with more than $3.5 million in media.
Barr has made many public statements favoring pro-crypto policies while in Congress, and voted in favor of legislation, including the GENIUS Act and CLARITY Act. Fairshake, which reported holding $193 million as of January, has already spent millions of dollars in an attempt to influence voters through the media in the 2026 primaries.
The Defend American Jobs PACCrypto market structure bill could impact candidates’ midterm chances For many crypto-supporting lawmakers and industry leaders, the progress of a digital asset market structure bill, called the CLARITY Act, could prove to be a litmus test for the 2026 midterm elections. Fairshake and its affiliates spent more than $130 million on media to support or oppose candidates in 2024, potentially influencing voters and changing the makeup of the current Congress, which will decide crypto-related laws.
“I do think it is critically important that every single member of Congress have a position on crypto, it’s part of their election campaign and their platform, and voters are going to be paying attention to this,” Cody Carbone, CEO of crypto advocacy organization The Digital Chamber, told Cointelegraph. Last week, lawmakers in the US Senate announced a compromise on stablecoin yield that could allow the CLARITY Act to move forward for markup in the Senate Banking Committee, whose approval is necessary before a full floor vote.
As of Thursday, the committee had not scheduled a markup on the bill. Turner Wright
Fairshake Pacs Political Candidates Georgia Alabama Nebraska Kentucky Texas Media Buys Congress Political Action Committees Cryptocurrency Support Oppose Texas Crypto Community Jasmine Clark Christian Menefee Al Green Andy Barr GENIUS Act CLARITY Act 2026 Primaries
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