Fairshake names 32 House candidates for midterm support

$6 million is Fairshake’s disclosed plan for six House races, as the crypto super PAC announced support for 32 incumbents ahead of November’s midterms, according to the Associated Press report. The $6 million covers six candidates at $1 million each; Fairshake has not said how much it plans to spend on the other 26. For you, the key point is that a stalled crypto bill has become part of the group’s campaign spending strategy.

Which six candidates get the disclosed spending?

Fairshake plans to spend $1 million apiece supporting Democrats Janelle Bynum of Oregon, Steven Horsford of Nevada and Derek Tran of California, and Republicans French Hill of Arkansas, Bryan Steil of Wisconsin and Bill Huizenga of Michigan. The AP reported that several face competitive reelection races, where outside spending could give them a boost.

The group’s full slate includes 19 Republicans and 13 Democrats. All 32 backed the CLARITY Act, the market-structure bill that would set federal rules for digital assets. Fairshake has described its spending as issue-focused and says it supports candidates from both parties who favor crypto innovation.

Why is the Senate vote part of this announcement?

The Senate failed to advance the CLARITY Act on September 15, when the motion to proceed received 49 votes in favor and 50 against, according to the official Senate roll call. The motion needed 60 votes. The House had passed the bill in July 2025, but it stalled in the Senate.

The bill was a priority for the crypto industry because it would establish a federal regulatory framework for digital assets. Fairshake’s slate is made up of lawmakers who supported that effort, as the industry looks to the next Congress to revive legislation that did not advance this year.

How much more could Fairshake spend?

The six $1 million commitments are the only amounts Fairshake disclosed for its House slate. The AP reported that Fairshake and its affiliated PACs had about $120 million in cash at the end of August, while Roll Call reported that Fairshake alone had $108 million on hand, citing Federal Election Commission records. Those figures describe money available to the organization and its network, not the announced budget for these 32 House races.

Fairshake also has a separate major campaign in Ohio’s Senate race. In September, it announced plans to spend nearly $30 million opposing Democrat Sherrod Brown, according to the AP. That makes the House slate one part of a broader election effort, but the group has not disclosed its total planned spending for the 32 candidates.

References

• Associated Press report — apnews.com
• official Senate roll call — senate.gov