With 22 days until the US midterm elections, two affiliates of Fairshake, a PAC funded largely by Cantor Fitzgerald, Coinbase and Ripple Labs, reported a combined $2.7 million in media spending to FEC on House races. The spending includes $512,000 for Pete Aguilar, $500,000 for Josh Gottheimer, more than $76,000 for Tom Emmer and $73,000 for Glenn Thompson, all of whom voted for the CLARITY Act in 2025. Fairshake also plans to endorse 32 more House candidates and had $122 million in cash as of August. The PAC intends to spend at least $30 million opposing Sherrod Brown, a former banking committee chair who voted against many crypto-favorable bills, in Ohio's Senate race. The CLARITY Act passed the House but failed a Senate procedural vote in September, and Stand With Crypto has warned that lawmakers who fail to advance such legislation could face consequences in the midterms.
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