Defend American Jobs, a political action committee aligned with and largely funded by the crypto industry, disclosed in a filing with the U.S. Federal Election Commission that it has spent $11.4 million on media advertising to support Republican Jon Husted and oppose Democrat Sherrod Brown in the race for an Ohio U.S. Senate seat. The PAC is affiliated with Fairshake, the political network backed by Coinbase and Ripple Labs. The ad campaign forms part of Fairshake’s earlier pledge to put an initial $30 million toward efforts aimed at blocking Brown’s return to the Senate. Brown, a former chair of the Senate Banking Committee, has been one of Congress’ more critical voices on crypto legislation and policy. In the 2024 Ohio Senate election, Brown’s contest with Republican Bernie Moreno drew more than $300 million in spending from outside groups including Fairshake. Crypto-related PACs and their affiliates spent about $41 million opposing Brown and supporting Moreno, who ultimately won with 50.2% of the vote. Husted now holds the seat by appointment from Ohio Governor Mike DeWine, replacing JD Vance, who was elected U.S. vice president in 2024.
Defend American Jobs, a political action committee aligned with and largely funded by the crypto industry, said in a filing with the U.S. Federal Election Commission that it has spent $11.4 million on media advertising to support Republican Jon Husted and oppose Democrat Sherrod Brown in the race for an Ohio U.S. Senate seat.
The PAC is affiliated with Fairshake, the political organization backed by Coinbase and Ripple Labs. The latest ad spending is part of Fairshake’s previously announced plan to commit an initial $30 million to efforts aimed at preventing Brown from returning to the Senate.
Brown previously served as chair of the Senate Banking Committee and has been one of the more critical voices in Congress on crypto legislation and policy.
In Ohio’s 2024 Senate election, Brown’s contest against Republican Bernie Moreno drew more than $300 million in spending from outside groups, including Fairshake. Crypto-related PACs and their affiliates spent about $41 million opposing Brown and backing Moreno. Moreno went on to win with 50.2% of the vote.
Husted holds the seat through an appointment by Ohio Governor Mike DeWine, replacing JD Vance, who was elected U.S. vice president in 2024.
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