Fairshake Backs 32 House Candidates As Crypto Election Spending Ramps Up

TL;DR Fairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms. Six races are receiving $1 million in outside spending each, for an initial disclosed commitment of $6 million. The slate is bipartisan, with 19 Republicans and 13 Democrats, and the money is spent independently rather than handed directly to candidates. Crypto’s largest political spending network is moving into the general election with a broad House campaign. Fairshake has identified 32 incumbent candidates it plans to support, split between 19 Republicans and 13 Democrats. Six of those races are receiving an initial $1 million each in independent spending, putting at least $6 million behind the first wave of the campaign. The Selection Is Closely Tied To Crypto Policy The six $1 million commitments are divided evenly between the two parties. Fairshake is backing Democrats Janelle Bynum, Steven Horsford and Derek Tran, alongside Republicans French Hill, Bill Huizenga and Bryan Steil. The wider slate is similarly bipartisan. What connects the candidates is not party affiliation so much as their record on digital-asset legislation. The 32 lawmakers backed the House CLARITY market-...