Democratic firms have been working for the crypto super PACs threatening to target Sherrod Brown and Jon Tester if they don’t change their views.
Sen. Jon Tester and Sen. Sherrod Brown talk during a hearing on Capitol Hill on Dec. 15, 2022.Political consulting is a mercenary business. It’s hardly surprising that major consulting firms would want a piece of the staggering sum — $85 million as of January — that crypto firms and investors have poured into threesuper PACs. Still, it’s hard to imagine party leaders tolerating their allied vendors working with the groups if they challenge Democrats’ Senate majority.
In an awkward turn of events, one of the crypto super PAC vendors, Impact Research, has been working to help Democrats hold onto their Montana Senate seat. Now, the firm’s clients could try to turn the seat red.contacted the consultants to inquire about whether they intend to keep working for the crypto groups, and received no response. The Democratic Senatorial Campaign Committee , the party organ that works to elect Democrats, did not respond to questions about the crypto consulting bonanza.
To date, the crypto threat to Democrats’ Senate majority is only implicit: A spokesman for Fairshake, one of the crypto super PACs, recently toldThat’s because Brown and Tester are both critics of cryptocurrencies — which are decentralized, digital assets with no intrinsic value or clear use-case. In 2022, Tester: “I see no reason why this stuff should exist.” He added that if Congress were to pass new crypto regulations, people might “think it’s real.
In recent years, the crypto industry has faced increased scrutiny in Washington. Two of the largest donors to Fairshake — the crypto exchange Coinbase and crypto solutions company Ripple Labs —of violating federal securities laws by the Securities and Exchange Commission.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Armed thieves steal cash from guards collecting video machine cash boxes in broad daylight heistArmed thieves working in broad daylight attacked a security guard and robbed his van of cash from video machine collection boxes. Police say Monday's robbery happened just after noon outside a laundromat in Chambersburg, and the suspects escaped in a van after stealing cash boxes that had been collected from the video machines.
Read more »
Armed thieves steal cash from guards collecting video machine cash boxes in broad daylight heistStudents at Milton Hershey School make sure Bears players are in game-day shape on their off-day
Read more »
Dem Chicago Alderman: Sanctuary Cities See Migrant Surge as ‘Cash Cow’ to Get Money from FedsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Fragrance Consultants Are Taking Over TikTokScent is deeply layered with memory and emotion. And a new crop of online fragrance consultants — many of whom operate through TikTok — aim to get to the heart of the matter by asking a series of questions to meet you where you are. Here, one Allure writer tries a consultant for herself.
Read more »
Woke Gaming ‘Consultants’ Epicly Fail at Censoring Gamers, Face Massive Online BacklashSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
A Tennessee Property With Ties to One of Country Music’s Most Illustrious Families Can Be Yours for $6.25 MillionKnown as Dogwood Estate, the 20-acre property’s main house was built by Johnny Cash and June Carter Cash for their son Johnny Carter Cash.
Read more »