Updated
Updated · POLITICO · Jun 24
Fairshake Goes 38-2 in 40 Primaries as Crypto Pushes Senate Bill
Updated
Updated · POLITICO · Jun 24

Fairshake Goes 38-2 in 40 Primaries as Crypto Pushes Senate Bill

1 articles · Updated · POLITICO · Jun 24

Summary

  • Fairshake has won 38 of the 40 congressional primaries where it spent money this cycle, extending the crypto industry super PAC’s streak with victories in Maryland, New York and Utah on Tuesday.
  • More than $12 million backed Rep. Barry Moore in last week’s Alabama GOP Senate primary, showing how aggressively the group is using campaign cash to boost candidates aligned with digital-asset policy goals.
  • The spending surge lands as the Senate weighs a broad crypto bill that would give digital assets greater regulatory legitimacy, with Republicans aiming for a floor vote next month.
  • Fairshake says the strategy is meant to build a bipartisan, crypto-friendly caucus by helping supportive lawmakers in both parties and signaling political risk for those who oppose the effort.

Insights

With super PACs achieving near-perfect win rates, how is corporate spending reshaping future policy debates?
As industries splinter into niche advocacy groups, what happens to major players who are left out?
Why are companies lobbying for niche product rules instead of broad industry-wide benefits?