Fairshake, a major political action committee tied to the crypto industry, has released a new list of endorsements for the November election, backing 32 incumbent members of the U.S. House of Representatives. The group said the slate includes 13 Democrats and 19 Republicans. According to Fairshake super PAC spokesperson Geoff Vetter, six of those candidates will each receive $1 million in support from Fairshake and its affiliated organizations. Vetter said the committee is supporting pro-crypto candidates in both parties who back U.S. innovation. On the Republican side, the highest-profile beneficiaries include House Financial Services Committee Chair French Hill, senior committee member Bill Huizenga, and Bryan Steil, who also chairs the digital assets subcommittee. Among Democrats, Nevada Representative Steven Horsford and California Representative Derek Tran are receiving notable support. Those two, along with Oregon Representative Janelle Bynum, received A ratings on digital asset issues from Stand With Crypto. Vetter also said Fairshake had backed 53 winners across 57 primary races and is aiming to build the largest pro-crypto caucus in U.S. history.
Fairshake, a major political action committee in the crypto industry, has unveiled a new endorsement slate for the November election, backing 32 incumbent members of the U.S. House of Representatives. The list includes 13 Democrats and 19 Republicans.
According to Geoff Vetter, a spokesperson for the super PAC, six of the endorsed lawmakers will each receive $1 million in support from Fairshake and its affiliated groups. Vetter said Fairshake is backing pro-crypto candidates in both parties who support U.S. innovation.
Lawmakers receiving stronger support
On the Republican side, the three figures receiving major support are House Financial Services Committee Chair French Hill, senior committee member Bill Huizenga, and Bryan Steil, who also serves as chair of the digital assets subcommittee.
Among Democrats, Nevada Representative Steven Horsford and California Representative Derek Tran are receiving higher levels of support. Both of them, along with Oregon Representative Janelle Bynum, received A ratings on digital asset issues from Stand With Crypto.
Bynum defeated Republican Lori Chavez-DeRemer to win the seat two years ago. Chavez-DeRemer previously served as labor secretary in the Trump administration.
Focus on tax and financial services panels
Many of the lawmakers on the list come from the House Ways and Means Committee, which will handle crypto tax issues, and the influential Financial Services Committee.
Vetter also said Fairshake had backed 53 winners in 57 primary races and is seeking to build the largest pro-crypto caucus in U.S. history.
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