Fairshake PAC to Support 32 House Candidates in Upcoming Midterms
- Fairshake PAC will initially spend $6 million on six candidates ahead of the midterm elections.
- The PAC plans to support a total of 32 candidates, comprising 19 Republicans and 13 Democrats.
- Each selected candidate will receive $1 million, including representatives from both parties who backed the Digital Asset Market Clarity Act.
- Fairshake anticipates spending over $100 million on ads, with at least $30 million allocated for Ohio’s Senate race.
- As of June, Fairshake had spent $82 million on candidate ads, with a reported cash reserve of $122 million for the midterms.
The Fairshake PAC aims to build a pro-crypto caucus by supporting candidates from both parties who advocate for cryptocurrency innovation. The group is focused on advancing legislation like the Digital Asset Market Clarity Act, which seeks to clarify regulatory roles in overseeing digital assets.
With plans to spend over $100 million and support for key candidates, Fairshake is positioning itself as a significant player in the political landscape leading up to the midterms.(Source)
