Fairshake commits $6 million to six House races
Fairshake will back 32 House incumbents, including six with $1 million apiece, as the Senate’s stalled CLARITY Act leaves crypto policy to the next Congress.
The Aeterna Sol Editors
32 House incumbents are on Fairshake’s midterm slate, and six will each get $1 million in spending from the crypto super PAC and its affiliates. The plan puts money behind lawmakers who backed crypto legislation, as the industry looks to the next Congress after the Senate blocked a major bill. The Associated Press reported Fairshake’s slate and spending figures on October 5.
Who is getting Fairshake’s $1 million commitments?
The six include three Democrats: Janelle Bynum of Oregon, Steven Horsford of Nevada and Derek Tran of California. The three Republicans are French Hill of Arkansas, Bryan Steil of Wisconsin and Bill Huizenga of Michigan.
Fairshake did not disclose how much it plans to spend on the other 26 candidates. The full slate comprises 19 Republicans and 13 Democrats, and all 32 supported legislation that was a priority for the crypto industry.
The candidates include incumbents on House committees that could shape future crypto rules. Roll Call reported that committee members on the slate include lawmakers on Financial Services and Ways and Means, which handle digital asset markets and tax issues.
What happened to the CLARITY Act?
The House passed the CLARITY Act in July 2025. The bill would establish rules for digital asset markets and divide oversight between federal regulators, but it stalled in the Senate for more than a year.
In September, the Senate blocked the bill on a procedural vote. Lawmakers had not reached agreement on ethics provisions, including safeguards related to public officials’ crypto ventures, according to Roll Call. The Senate’s action left the industry’s effort to secure a federal market structure framework unresolved.
Fairshake is presenting its House support as bipartisan. Spokesperson Geoff Vetter told the AP that the group backs pro-crypto candidates in both parties. The group and its affiliates said they spent $40 million supporting 29 Democrats and $31 million supporting 28 Republicans in primaries and special elections this year.
How large is the group’s wider election push?
The House slate is part of a larger campaign. Fairshake and affiliated PACs reported about $120 million in cash on hand at the end of August, the AP reported. The group has not said how much more it may spend before November.
In September, Fairshake also announced plans to spend nearly $30 million opposing Democratic Senate candidate Sherrod Brown in Ohio. Brown is challenging Republican Sen. Jon Husted. The AP reported that Fairshake’s network spent nearly $40 million against Brown in 2024, when he lost to Republican Bernie Moreno.
The group’s decisions give you a clear sign of where crypto-aligned campaign money is going now: toward incumbents who supported the industry’s preferred bill, while the Senate debate remains unresolved. The slate spans both parties, but the disclosed $1 million commitments cover only six of its 32 House targets.